IN BRIEF: Majedie NAV per share falls; targets total return growth

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Majedie Investments PLC - London-based investment trust - Says net asset value at par value per share was 245.0 pence at March 31, the end of its first half of the year, down from 257.0p per share a year ago. Notes NAV total return with debt at par value was 14%. Says the company will target total returns of at least 4% above the UK Consumer Price Index under new investment policy.

Current stock price: 199.40 pence, down 1.5% on Friday

12-month change: down 0.7%

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