Understanding Alliance Witan PLC's Net Asset Value
Alliance Witan PLC is an investment company that regularly evaluates its Net Asset Value (NAV) to inform investors about its financial health. At the close of business on a recent Thursday, the company provided its latest NAV calculations. This financial metric is crucial for investors looking to gauge the value of their holdings in the firm.
Recent NAV per Share Figures
As of the last update, the Company’s NAV per ordinary share was determined using a bid price basis with Debt assessed at Par.
Here are the key figures:
- Excluding income: 1315.3p
- Including income: 1310.5p
Furthermore, the NAV per ordinary share was also provided based on Debt at Fair Value, revealing:
- Excluding income: 1332.7p
- Including income: 1327.9p
Important Notes Regarding NAV Calculations
Investors must understand how these figures are calculated to make informed decisions. The calculation of Net Asset Values is strictly adhered to according to established accounting policies and follows the guidelines set out by the Association of Investment Companies (AIC). This regulatory framework ensures transparency and consistency in how the value of the Company is reported.
Moreover, the fair value of the Company’s fixed loan notes is derived from a benchmark gilt, an important reference point in the assessment of debt instruments.
Dividend Considerations
Another critical aspect to consider is the upcoming dividends. Specifically, a dividend of 6.73p is scheduled to be paid shortly. However, this figure has been adjusted out of the 'including income' totals noted above, effective from the date the shares went ex-dividend.
Contact Information for Further Inquiries
For those needing more detailed information, reaching out to the Company's contact at Juniper Partners Limited is recommended. They can be reached directly at +44 (0)131 378 0500.
Frequently Asked Questions
What does NAV mean for investors?
NAV stands for Net Asset Value, which represents the liquid value of a company's assets minus its liabilities, indicating the worth of its shares.
How often does Alliance Witan PLC update its NAV?
The NAV is typically updated regularly, often on a monthly basis, providing timely insights into the company's financial standing.
What was the recent NAV change for Alliance Witan PLC?
The latest reported NAV figures reflect slight adjustments based on recent financial evaluations of income and fixed loan notes.
Are dividends included in the NAV calculations?
Yes, but dividends are often accounted for separately to provide a clearer picture of net assets with and without income considerations.
How can I contact Alliance Witan PLC for more information?
Investors can contact Juniper Partners Limited at +44 (0)131 378 0500 for further inquiries about the company's financials and updates.
