The Net Asset Values per share (at bid-market values) of Premier
Energy and Water Trust PLC and PEWT Securities 2020 PLC at close of
business on 23 May 2016 calculated in
accordance with the Articles of Association of the Company are as
follows:
Premier Energy and Water Trust PLC Ordinary Shares – ex
income
128.02p
Premier Energy and Water Trust PLC Ordinary Shares – cum
income 131.25p
PEWT Securities 2020 PLC
Zero Dividend Preference
Shares
– accrued capital
entitlement
101.85p
The above Net Asset Value has been calculated based on the
number of shares in issue as at the above date, being 18,088,480
Premier Energy and Water Trust PLC Ordinary Shares and 24,073,337
PEWT Securities 2020 PLC Zero Dividend Preference Shares.
Total assets less current liabilities as at the above date were
£48.2 million. This amount excludes the liability for the repayment
of PEWT Securities 2020 PLC Zero Dividend Preference Shares on
their final redemption date of 30 November
2020. The portfolio has been valued using bid prices.
Net asset attributable to holders of Premier Energy and Water
Trust PLC Ordinary Shares at the above date were £23.7 million.