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Policy Maturities

7th Jan 2019 15:03

RNS Number : 4165M
Life Settlement Assets PLC
07 January 2019
 

Life Settlement Assets PLC

LEI: 2138003OL2VBXWG1BZ27

 

(the "Company" or "LSA")

Policy Maturities

The Company has received notification of three policy maturities before 31 December 2018 on one life with a face value of US$8,172,249.68 for the benefit of the A share class (LSAA), US$2,696,213.66 for the benefit of the B share class (LSAB), US$2,019,869.81 for the benefit of the D share class (LSAD) and US$2,058,682.07 for the benefit of the E share class (LSAE). These maturities reflect the lumpy nature of returns from the portfolio and are supportive of the Board's expectations for the year as a whole. The maturities are in the process of being valued and, assuming they are verified, would add approximately US$0.085 to the NAV per A share, US$0.082 to the NAV per B share, US$0.085 to the NAV per D share, US$0.477 to the NAV per E share before costs.

 

Enquiries:

George Bayer

Maitland Administration Services Limited

Company Secretary Tel: 01245 398984

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 [email protected] or visit www.rns.com.
 
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Related Shares:

Life SettlemenLSAB.LLSAD.LLSAE.L
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