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The Merchants Trust PLC announced net asset values per ordinary share at the close of business on 17 August 2026. The capital NAVs were 682.03p (based on par value of debt) and 695.16p (based on market value of debt), while the cum-income NAVs were 697.29p (par value debt) and 710.42p (market value debt).
| Date | 19 Aug 2026 |
| Time | 13:20:01 |
| Category | Corporate updates |
| ID | 3719R |
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 17 August 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 682.03p.
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 695.16p.
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 697.29p.
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 710.42p.
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:
Nira Mistry
Tel: 07 554 224 339
18 August 2026