Merchants Trust PLC (MRCH)LSE: MRCH

Merchants Trust: Net Asset Value(s)

· Issued by Merchants Trust PLC (MRCH) via RNS

Summary by 6ix AI

The Merchants Trust PLC reported four net asset values per ordinary share (the value of what it owns less what it owes, per share) at close of business on October 15, 2026, on both a capital basis and a cum-income basis (one that also includes current income).

Key details

  • Capital basis, with long-term debt and preference shares at par (face) value: 687.31p per ordinary share.
  • Capital basis, with long-term debt and preference shares at market value: 701.84p per ordinary share.
  • Cum-income basis, with long-term debt and preference shares at par value: 697.31p per ordinary share.
  • Cum-income basis, with long-term debt and preference shares at market value: 711.85p per ordinary share.
  • For the market value of long-term debt, a margin based on the spread of A-rated UK corporate bond yields over gilt (UK government bond) yields is added to the yield of the relevant reference gilt. The exception is the Loan Notes issued on December 18, 2017, which are valued at the yield over the reference gilt at which they were issued.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/net-asset-values-10142

The Merchants Trust PLC

LEI: 5299008VJFXCUD2EG312

As recommended by the AIC, net asset values are calculated on both a capital and a cum-income basis.

The Merchants Trust PLC announces that at close of business 15 October 2026:

1)   based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 687.31p.

2)   based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 701.84p.

3)   based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 697.31p.

4)   based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 711.85p.

In the valuation of the company's long term debt at market value, the margin added to the yield of the relevant reference gilt is derived from the spread of A UK corporate bond yields over gilt yields, with the exception that the Loan Notes issued on 18 December 2017 are valued at the yield over the reference gilt at which they were issued.

Enquiries:

Nira Mistry                    

Tel: 07 554 224 339

16 October 2026

Merchants Trust PLC (MRCH) on 6ix

Earlier from Merchants Trust PLC (MRCH)

All Merchants Trust PLC (MRCH) news releases