Life Settlement Assets PLC Net Asset Value(s) (2819P)
17 February 2021 - 12:26AM
UK Regulatory
TIDMLSAA TIDMLSAB
RNS Number : 2819P
Life Settlement Assets PLC
16 February 2021
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 December
2020.
The information and further commentary on each share class will
be available on LSA's website,
https://www.lsaplc.com/investor-relations/company-reports/net-asset-values/
A Shares
Estimated NAV NAV per share
US$86,988,679 US$1.9895
--------------
B Shares
Estimated NAV NAV per share
US$13,211,429 US$0.9051
--------------
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
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.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NAVSFIFDMEFSEEE
(END) Dow Jones Newswires
February 16, 2021 08:26 ET (13:26 GMT)
Life Settlement Assets (LSE:LSAA)
Historical Stock Chart
From Apr 2024 to May 2024
Life Settlement Assets (LSE:LSAA)
Historical Stock Chart
From May 2023 to May 2024