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

Life Settlement AssetsAnnouncement

28/08/2020 16:45

RNS Number : 5154X
  
Life Settlement Assets PLC
  
28 August 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 31 July 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$91,745,803


US$2.0983



 
B Shares



Estimated NAV


NAV per share




US$13,433,850


US$0.9204



 
 
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.
 

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