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The Merchants Trust PLC announced on 21 September 2026 its net asset values per ordinary share. As of the close of business on 18 September 2026, the capital net asset value was 668.90p (par value debt/preference shares) and 682.18p (market value debt/preference shares). The cum-income net asset value was 685.79p (par value debt/preference shares) and 699.07p (market value debt/preference shares).
| Date | 21 Sept 2026 |
| Time | 15:31:50 |
| Category | Corporate updates |
| ID | 6413V |
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 18 September 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 668.90p.
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 682.18p.
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 685.79p.
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 699.07p.
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
21 September 2026