Mid-Month Estimated Net Asset Value

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Regulatory News | 25 Jul, 2024

Updated : 17:07

RNS Number : 9057X
Majedie Investments PLC
25 July 2024
 

 

 

Majedie Investments PLC

 

Legal Entity Identifier: 2138007QEY9DYONC2723

 

25 July 2024

 

Mid-Month Estimated Net Asset Value (NAV)

 

The unaudited net asset value estimate per share at the close of business on 19 July 2024 was as follows:

 

With debentures at par value: 270.20 per share

 

With debentures at fair value: 270.20 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

Juniper Partners

Company Secretary

Ph: 0131 378 0500

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