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 value (assets minus liabilities) per ordinary share at close of business on October 7, 2026. It gave figures on a capital basis and on a cum-income basis (including income earned), as recommended by the AIC (Association of Investment Companies).

Key details

  • Capital basis: 654.30p per ordinary share with the company's long term debt and preference shares at par (face) value, and 668.79p with them at market value.
  • Cum-income basis: 671.52p per ordinary share with long term debt and preference shares at par value, and 686.01p with them at market value.
  • For the market valuation of long term debt, the margin over the reference UK government bond (gilt) yield comes from the spread of A-rated UK corporate bond yields over gilt yields. 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-9567

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 07 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 654.30p.

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 668.79p.

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 671.52p.

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 686.01p.

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

08 October 2026

Merchants Trust PLC (MRCH) on 6ix

Later from Merchants Trust PLC (MRCH)

All Merchants Trust PLC (MRCH) news releases