Life Settlement Assets PLC Net Asset Value(s) (6841Y)
03 Gennaio 2020 - 10:55AM
UK Regulatory
TIDMLSAA TIDMLSAB TIDMLSAD TIDMLSAE
RNS Number : 6841Y
Life Settlement Assets PLC
03 January 2020
LIFE SETTLEMENT ASSETS PLC
LEI: 2138003OL2VBXWG1BZ27
(the "Company" or "LSA")
Monthly NAV Performance Report
LSA, a closed-ended investment company which manages portfolios
of whole and fractional interests in life settlement policies
issued by life insurance companies operating predominantly in the
United States, today announces its Net Asset Value (NAV) for its
four classes of ordinary shares - A Ordinary Shares ("A Shares"), B
Ordinary Shares ("B Shares"), D Ordinary Shares ("D Shares") and E
Ordinary Shares ("E Shares") for the month ended 30 November 2019.
The NAV figures are after the Tender Offer (A Shares), the special
dividend payments for A Shares, D Shares and E Shares first
announced on 14 May 2019, the special dividend payments for D
Shares and E shares first announced on 24 October 2019 and the
Class D and Class E buyback payments.
The information and further commentary on each of its share
classes will be available on LSA's website,
www.lsaplc.com/investor-relations/reports-company-literature.
A Shares
Estimated NAV NAV per share
US$90,349,904 US$2.2649
--------------
B Shares
Estimated NAV NAV per share
US$13,712,133 US$0.9394
--------------
D Shares
Estimated NAV NAV per share
US$7,526,608 US$0.8560
--------------
E Shares
Estimated NAV NAV per share
US$3,754,899 US$2.3968
--------------
For further information contact
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7601 6115
ISCA Administration Services Limited
Company Secretary
01392 487056
TB Cardew (Financial PR)
Shan Shan Willenbrock
020 7930 0777
Notes to Editors
LSA is a closed-ended investment company which manages
portfolios of whole and fractional interests in life settlement
policies issued by life insurance companies operating predominantly
in the United States. The life settlement market enables
individuals to sell their life insurance policies to investors at a
higher cash value than they would otherwise receive from insurance
companies (if they were cancelled or surrendered at the date of
sale). The Company aims to manage portfolios of life settlement
products so that the realised value of the policy maturities
exceeds the aggregate cost of acquiring the policies, ongoing
premiums, management fees and other operational costs. LSA was is
listed on the Specialist Fund Segment of the Main Market of the
London Stock Exchange.
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.
END
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