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The Merchants Trust PLC announced its net asset values per ordinary share at close of business on 01 July 2026. The capital net asset value per ordinary share was 642.04p based on par value of debt and 653.50p based on market value of debt. The cum-income net asset value per ordinary share was 658.95p based on par value of debt and 670.41p based on market value of debt.
| Date | 2 Jul 2026 |
| Time | 14:45:07 |
| Category | Corporate updates |
| ID | 8507K |
The Merchants Trust PLC
LEI: 5299008VJFXCUD2EG312
As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.
The Merchants Trust PLC announces that at close of business 01 July 2026:
1) based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 642.04p.
2) based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 653.50p.
3) based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 658.95p.
4) based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 670.41p.
In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.
Enquiries:
Kirsten Salt
Tel: 020 3246 7513
02 July 2026