25 Aug 2023 12:58
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Majedie Investments PLC
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Legal Entity Identifier: 2138007QEY9DYONC2723
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25 August 2023
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Mid-Month Estimated Net Asset Value (NAV)
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The unaudited net asset value estimate per share at the close of business on 18 August 2023 was as follows:
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With debentures at par value: 244.92 per share
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With debentures at fair value: 245.10 per share
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The net asset value published is on a cum-income basis, is ex the 2023 interim dividend of 1.80p 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
William Barlow
Majedie Investments PLC
Ph: 020 7382 8185