REG - Life Settlement - Net Asset Value(s)

Life Settlement AssetsAnnouncement

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RNS Number : 0870H  Life Settlement Assets PLC  01 May 2025

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Monthly NAV Report

 

LSA, a closed-ended investment company which manages portfolios of whole
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 shares - the A Ordinary Shares ("A Shares") as
at 31 January 2025.

 

On 28 March 2025 the Company announced that since the year end further
examination of the portfolio acquired from the MBC Trustee had revealed that
the MBC Trustee had previously not exercised an extension to a particular
policy which extended the maturity from 100 to 120 years and that had a
detrimental impact on the NAV of 3-4%. This was recognised in the financial
statements for the year ended 31 December 2024 and the NAV below.

 

Further information and commentary on the shares will be available on LSA's
website,

https://www.lsaplc.com/investor-relations/
(https://www.lsaplc.com/investor-relations/)

 

A Shares

 Estimated NAV    NAV per share
 US$ 102,618,593  US$ 2.2663

 

 

 

For further information contact

Acheron Capital Limited (Investment Manager)

Jean-Michel Paul

020 7258 5990

 

Shore Capital (Financial Adviser and Broker)

Anita Ghanekar/Gillian Martin/Harry Davies-Ball

020 7408 4090

 

ISCA Administration Services Limited

Company Secretary

Tel: 01392 487056

 

 

Notes to Editors

Life Settlement Assets PLC is a closed-ended investment trust company which
invests in, and manages, portfolios of whole and fractional interests in life
settlement policies issued by life insurance companies operating predominantly
in the United States. The Company seeks to generate long-term returns for
investors by investing in the life settlement market, through each of the
separate Share Classes. The Company aims to manage its investment in
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.

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