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  2. Share Prices
  3. Majedie Inv. Share Price
  4. Majedie Inv. Share Regulatory News
  5. Quarterly Majedie Asset Management Valuation

Pin to quick picksMajedie Inv. Regulatory News (MAJE)

Majedie Inv. Information

Share Price Information for Majedie Inv. (MAJE)

London Stock Exchange
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Share Price: 236.00
Bid: 236.00
Ask: 240.00
Change: -4.00 (-1.67%)
Spread: 4.00 (1.695%)
Open: 236.00
High: 236.00
Low: 236.00
Prev. Close: 236.00
MAJE Live PriceLast checked at -
Majedie is an Investment Trust

To maximise total shareholder return whilst increasing dividends by more than the rate of inflation over the long-term by investing in securities of publicly quoted companies worldwide, though it may invest in unquoted securities.

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Quarterly Majedie Asset Management Valuation

31 Jul 2020 07:00

RNS Number : 6767U
Majedie Investments PLC
31 July 2020
 

31 July 2020

LEI: 2138007QEY9DYONC2723

Majedie Investments PLC

Quarterly Majedie Asset Management Valuation

In accordance with the revised valuation basis, the Company's holding in Majedie Asset Management has been valued at £31.8m as at 30 June 2020. This is an increase of 7.9% from the valuation at 31 March 2020 (net of the dividend of £1.2m that was received from MAM in June). The methodology is comprised as follows:

 

Earnings after tax (last 3 months annualised)

£10.9m

Peer Group PE multiple

16.4x

Liquidity discount

20%

Peer group multiple after liquidity discount

13.1

Performance fee earnings after tax

£0.1m

50% of peer group multiple

8.2x

50% of peer group PE multiple after liquidity discount

6.6x

Surplus net assets having deducted 200% of Regulatory Capital

£41.7m

Valuation of MAM

£185.2m

Valuation of the Company's 17.2% holding in MAM

£31.8m

 

Enquiries

If you have any enquiries regarding this announcement, please contact Mr William Barlow on 020 7382 8185.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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Date   Source Headline
19th Aug 202011:51 amRNSNet Asset Value(s)
18th Aug 202012:06 pmRNSNet Asset Value(s)
17th Aug 202011:37 amRNSNet Asset Value(s)
14th Aug 202012:20 pmRNSNet Asset Value(s)
13th Aug 202011:59 amRNSNet Asset Value(s)
12th Aug 202011:27 amRNSNet Asset Value(s)
11th Aug 20202:53 pmRNSNet Asset Value(s)
10th Aug 20201:13 pmRNSNet Asset Value(s)
7th Aug 202011:52 amRNSNet Asset Value(s)
6th Aug 202011:52 amRNSNet Asset Value(s)
5th Aug 20205:32 pmRNSTransaction in Own Shares
5th Aug 202011:51 amRNSNet Asset Value(s)
4th Aug 202012:00 pmRNSNet Asset Value(s)
3rd Aug 20203:11 pmRNSNet Asset Value(s)
3rd Aug 20203:02 pmRNSTotal Voting Rights
31st Jul 202012:50 pmRNSNet Asset Value(s)
31st Jul 20207:00 amRNSQuarterly Majedie Asset Management Valuation
30th Jul 202011:13 amRNSNet Asset Value(s)
29th Jul 202010:58 amRNSNet Asset Value(s)
28th Jul 202010:29 amRNSNet Asset Value(s)
27th Jul 202011:19 amRNSNet Asset Value(s)
24th Jul 202012:46 pmRNSNet Asset Value(s)
23rd Jul 202011:17 amRNSNet Asset Value(s)
22nd Jul 20202:05 pmRNSNet Asset Value(s)
21st Jul 20205:19 pmRNSTransaction in Own Shares
21st Jul 202011:15 amRNSNet Asset Value(s)
20th Jul 202011:01 amRNSNet Asset Value(s)
17th Jul 202011:06 amRNSNet Asset Value(s)
16th Jul 202011:15 amRNSNet Asset Value(s)
15th Jul 20205:07 pmRNSTransaction in Own Shares
15th Jul 202010:32 amRNSNet Asset Value(s)
14th Jul 202012:19 pmRNSNet Asset Value(s)
13th Jul 202011:11 amRNSNet Asset Value(s)
10th Jul 202011:56 amRNSNet Asset Value(s)
9th Jul 20205:16 pmRNSTransaction in Own Shares
9th Jul 202011:54 amRNSNet Asset Value(s)
8th Jul 202012:00 pmRNSNet Asset Value(s)
7th Jul 202010:57 amRNSNet Asset Value(s)
6th Jul 202011:34 amRNSNet Asset Value(s)
3rd Jul 202010:34 amRNSNet Asset Value(s)
2nd Jul 202010:53 amRNSNet Asset Value(s)
1st Jul 20205:02 pmRNSTransaction in Own Shares
1st Jul 20203:54 pmRNSDirectorate Change
1st Jul 20202:59 pmRNSNet Asset Value(s)
1st Jul 20202:50 pmRNSTotal Voting Rights
30th Jun 202012:02 pmRNSNet Asset Value(s)
29th Jun 202011:32 amRNSNet Asset Value(s)
26th Jun 202011:05 amRNSNet Asset Value(s)
25th Jun 202010:42 amRNSNet Asset Value(s)
24th Jun 202011:12 amRNSDirector/PDMR Shareholding
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