News Column

MAJEDIE INVESTMENTS PLC - Net Asset Value(s)

June 16, 2014



MAJEDIE INVESTMENTS PLC The unaudited consolidated net asset value of the Ordinary shares of the Company at the close of business on 13 June 2014 was as follows: With debentures at par value: 248.55 pence per share The debentures at fair value: 235.13 pence per share The net asset value published is on a cum-income basis (calculated using income and expenditure estimates). The fair value of debentures is calculated by using the yield of UK Treasury Bonds of an equal duration plus a 2.5% risk premium. The board sees this mechanism as transparent, market related and consistent with best practice. The published net asset value is ex the 2014 interim 3p dividend.



16 June 2014


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Source: PR Newswire (UK Disclosure)


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