Life Settlement Assets PLC Policy Maturities (4165M)
08 January 2019 - 2:03AM
UK Regulatory
TIDMLSAA TIDMLSAB TIDMLSAD TIDMLSAE
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
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END
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January 07, 2019 10:03 ET (15:03 GMT)
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