25 Mar 2024 17:12
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Majedie Investments PLC
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Legal Entity Identifier: 2138007QEY9DYONC2723
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25 March 2024
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Final Net Asset Value (NAV)
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The unaudited final net asset value per share at the close of business on 29 February 2024 was as follows:
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With debentures at par value: 265.57 per share
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With debentures at fair value: 265.57 per share
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The net asset value published is on a cum-income basis, ex the Q1 2024 interim dividend of 1.90p per share, and is calculated on 52,998,795 ordinary shares, being the number of shares in issue.
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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.
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Enquiries
Juniper Partners
Company Secretary
Ph: 0131 378 0500