25 May 2023 16:45
Â
Â
Majedie Investments PLC
Â
Legal Entity Identifier: 2138007QEY9DYONC2723
Â
25 May 2023
Â
Mid-Month Estimated Net Asset Value (NAV)
Â
The unaudited net asset value estimate per share at the close of business on 19 May 2023 was as follows:
Â
With debentures at par value: 240.96 per share
Â
With debentures at fair value: 240.51 per share
Â
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.
Â
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.
Â
Â
Â
Enquiries
William Barlow
Majedie Investments PLC
Ph: 020 7382 8185