Lowland Inv. Regulatory News (LWI)

Trust Name

LOWLAND INVESTMENT COMPANY PLC

Legal Entity Identifier

2138008RHG5363FEHV19

NAV Details

As at close of business on 26 June 2023, the unaudited net asset value per share calculated in accordance with the AIC formula (including current financial year revenue items) was 126.0p and the net asset value per share with debt marked at fair value as 128.2p.

As at close of business on 26 June 2023, the unaudited net asset value per share (excluding current financial year revenue items) was 123.1p and the net asset value per share with debt marked at fair value was 125.3p.

Debt marked at fair value is the Company's estimate of the "fair value" of its senior unsecured notes. The current estimated fair value of the Company's senior unsecured notes is based on a discount rate calculated using the redemption yield of the relevant existing UK Gilt plus a credit spread. The discount rate is calculated and updated monthly and applied daily to determine the Company's published fair value NAVs.

For further information, please call:

Wendy King

Janus Henderson Investors

Telephone: 020 7818 1818