Life Settlement Assets PLC Policy Maturities (4165M)

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

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.

END

MSCCKODPQBKDCDK

(END) Dow Jones Newswires

January 07, 2019 10:03 ET (15:03 GMT)

Life Settlement Assets (LSE:LSAA)
Historical Stock Chart
From Apr 2024 to May 2024