t
Merchants Trust PLC announced its net asset values per ordinary share at the close of business on 30 September 2026. The capital net asset value per ordinary share was 670.50p based on par value debt and preference shares, and 684.96p based on market value. The cum-income net asset value per ordinary share was 687.35p based on par value debt and preference shares, and 701.81p based on market value.
| Date | 1 Oct 2026 |
| Time | 14:04:17 |
| Category | Corporate updates |
| ID | 2692X |
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 30 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 670.50p.
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 684.96p.
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 687.35p.
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 701.81p.
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
01 October 2026