--- title: "REG - Merchants Trust. - Net Asset Value(s)" type: "News" locale: "en" url: "https://longbridge.com/en/news/276057761.md" description: "The Merchants Trust PLC has announced its net asset values as of 13 February 2026. The capital net asset value per ordinary share is 658.80p based on par value and 669.04p based on market value. The cum-income net asset value per ordinary share is 667.42p based on par value and 677.66p based on market value. These valuations consider the company's long-term debt and preference shares, with specific methodologies for market value assessment." datetime: "2026-02-16T12:45:35.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276057761.md) - [en](https://longbridge.com/en/news/276057761.md) - [zh-HK](https://longbridge.com/zh-HK/news/276057761.md) --- # REG - Merchants Trust. - Net Asset Value(s) RNS Number : 1996T Merchants Trust PLC 16 February 2026 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 February 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 658.80p. 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 669.04p. 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 667.42p. 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 677.66p. 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: 075 5422 4339 16 February 2026 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END NAVFLFSFFSIRLIR ### Related Stocks - [MRC.UK](https://longbridge.com/en/quote/MRC.UK.md) - [MRCH.UK](https://longbridge.com/en/quote/MRCH.UK.md) ## Related News & Research - [REG - Mercantile Inv Tst - Net Asset Value(s)](https://longbridge.com/en/news/276435278.md) - [REG - Mercantile Inv Tst - Net Asset Value(s)](https://longbridge.com/en/news/272963706.md) - [Bond yields look attractive but might stay volatile](https://longbridge.com/en/news/286892571.md) - [MATTHEWS INTERNATIONAL ANNOUNCES PARTIAL REDEMPTION OF PREFERRED EQUITY INTEREST IN PROPELIS | MATW Stock News](https://longbridge.com/en/news/286961157.md) - [Treasury yields haven’t been this high in years—but they may not be the best deal for savers](https://longbridge.com/en/news/286972756.md)