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Majedie Investments PLC announced its unaudited mid-month estimated Net Asset Value (NAV) per share as of the close of business on 17 March 2023. The NAV per share was 241.66 with debentures at par value and 240.55 with debentures at fair value, calculated on 52,998,795 ordinary shares. The fair value of the March 2025 debenture is calculated using the yield of UK Treasury Bonds plus a 2.5% risk premium.
| Date | 27 Mar 2023 |
| Time | 17:32:47 |
| Category | Corporate updates |
| ID | 3698U |
Majedie Investments PLC
Legal Entity Identifier: 2138007QEY9DYONC2723
27 March 2023
Mid-Month Estimated Net Asset Value (NAV)
The unaudited net asset value estimate per share at the close of business on 17 March 2023 was as follows:
With debentures at par value: 241.66 per share
With debentures at fair value: 240.55 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