Picture of Life Settlement Assets logo

LSAA Life Settlement Assets News Story

0.000.00%
gb flag iconLast trade - 00:00
FinancialsConservativeSmall CapHigh Flyer

REG - Life Settlement Life Settlement LSAB Life Settlement LSAD Life Settlement LSAE - Net Asset Value(s)




 



RNS Number : 1258O
Life Settlement Assets PLC
27 May 2020
 

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Monthly NAV 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 unaudited Net Asset Value (NAV) for its two classes of ordinary shares - A Ordinary Shares ("A Shares") and B Ordinary Shares ("B Shares"), as at 30 April 2020.

The information and further commentary on each share class will be available on LSA's website, www.lsaplc.com/investor-relations/reports-company-literature.

 

A Shares

Estimated NAV

NAV per share

US$93,183,892

US$2.1312

 

B Shares

Estimated NAV

NAV per share

US$14,206,669

US$0.9733

 

 

For further information contact

Acheron Capital Limited (Investment Manager)

Jean-Michel Paul

020 7258 5990

 

Shore Capital (Financial Adviser and Broker)

Robert Finlay

020 7408 4090

 

ISCA Administration Services Limited

Company Secretary

Tel: 01392 487056

 

 

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
 
 
NAVSEUFIWESSEEI

Recent news on Life Settlement Assets

See all news