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Majedie Investments PLC announced its unaudited Net Asset Value (NAV) per share as of the close of business on 18 October 2022. The NAV, calculated on a cum-income basis for 52,998,795 ordinary shares, was 225.72 per share with debentures at par value and 224.64 per share with debentures at fair value.
| Date | 19 Oct 2022 |
| Time | 11:36:59 |
| Category | Corporate updates |
| ID | 4300D |
Majedie Investments PLC
Legal Entity Identifier: 2138007QEY9DYONC2723
19 October 2022
Net Asset Value (NAV)
The unaudited net asset value per share at the close of business on 18 October 2022 was as follows:
With debentures at par value: 225.72 per share
With debentures at fair value: 224.64 per share
The net asset value published is on a cum-income basis and the net asset value is calculated on 52,998,795 ordinary shares, being the number of shares in issue.
The fair value of the March 2025 debenture is calculated by using the yield of UK Treasury Bonds of an equal duration plus a 2.5% risk premium. The Board sees this mechanism as transparent, market related and consistent with best practice.
Enquiries
William Barlow
Majedie Investments PLC
Ph: 020 7382 8185