Life Settlement Assets PLC Dividend Declaration (3876P)
18 October 2021 - 8:48PM
UK Regulatory
TIDMLSAA
RNS Number : 3876P
Life Settlement Assets PLC
18 October 2021
Life Settlement Assets PLC
(the "Company" or "LSA")
LEI: 2138003OL2VBXWG1BZ27
Dividend Declaration
The Company has continued to receive a number of policy
maturities in the period and t he Board has today declared a
special dividend of 5.017 cents per share totalling US$2.5
million.
The above dividend will be paid on 22 November 2021 to all
Shareholders on the share register at 29 October 2021.
Enquiries:
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7601 6115
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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END
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