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 gave its net asset value per ordinary share (the value of its assets less its liabilities, per share) at close of business October 2, 2026. It calculates it on a capital basis and a cum-income basis (including income), with its long-term debt and preference shares valued at par value and at market value.

Key details

  • Capital net asset value per ordinary share: 656.44p with long-term debt and preference shares at par value, and 670.91p with them at market value.
  • Cum-income net asset value per ordinary share: 673.64p with long-term debt and preference shares at par value, and 688.11p with them at market value.
  • For the market-value figures, long-term debt is valued using a reference UK government bond (gilt) yield plus a margin based on 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-9570

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 02 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 656.44p.

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 670.91p.

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 673.64p.

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 688.11p.

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

05 October 2026

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