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 its net asset values per ordinary share at close of business on October 13, 2026, calculated on both a capital basis and a cum-income basis (one that includes income), as recommended by the AIC (Association of Investment Companies).

Key details

  • Capital net asset value per ordinary share was 673.46p with long term debt and preference shares at par (face) value, and 687.99p with them at market value.
  • Cum-income net asset value per ordinary share was 683.28p with long term debt and preference shares at par value, and 697.81p with them at market value.
  • For the market-value basis, long term debt is valued using the yield of a reference UK government bond (gilt) plus a margin derived from the spread of A UK corporate bond yields over gilt yields. The Loan Notes issued on December 18, 2017 are instead 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-9563

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 13 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 673.46p.

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 687.99p.

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 683.28p.

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 697.81p.

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

14 October 2026

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