Life Settlement Assets PLC Update re share capital structure (2347X)
18 Dicembre 2019 - 08:00AM
UK Regulatory
TIDMLSAA TIDMLSAB TIDMLSAD TIDMLSAE
RNS Number : 2347X
Life Settlement Assets PLC
18 December 2019
LIFE SETTLEMENT ASSETS PLC
LEI: 2138003OL2VBXWG1BZ27
Update re share capital structure
In view of the illiquidity of the shares in Classes B, D and E
and the operational inefficiency of managing relatively small
classes of shares the Board of LSA is actively considering the
option of merging Classes B, D and E shares, with Class A shares.
This merger of share classes would require the passing of a special
resolution by the Shareholders of each of the affected share
classes. Once the Board has concluded its considerations it will
update the market. There can be no certainty at this stage that a
merger of the share classes will ultimately be proposed by the
Board.
Enquiries:
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7408 4080
ISCA Administration Services Limited - Company Secretary
01392 487056
18 December 2019
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