23 Jan 2020 10:44
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Majedie Investments PLC
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Legal Entity Identifier: 2138007QEY9DYONC2723
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23 January 2020
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Net Asset Value (NAV)
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The unaudited net asset value per share at the close of business on 22 January 2020 was as follows:
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With debentures at par value: 291.69 per share
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With debentures at fair value: 283.38 per share
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The net asset value published is on a cum-income basis and the net asset value is calculated on 53,042,899 ordinary shares, being the number of shares in issue.
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The fair value of 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
William Barlow
Majedie Investments PLC
Ph: 020 7382 8185