Law Debenture Corp PLC Net Asset Value and Portfolio Update (2738E)

TIDMLWDB

RNS Number : 2738E

Law Debenture Corp PLC

02 November 2015

Net Asset Value

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par on 31 October 2015 was 465.28 pence per share (ex income) and 475.41 pence per share (cum income). With the Corporation's long term debt stated at fair value, the NAV was 457.25 pence per share (ex income) and 467.39 pence per share (cum income). The mid-market price at the close of business on 31 October 2015 was 520.50 pence per share.

In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 31 October 2015 are set out below

Top 10 Holdings

The top 10 holdings in the portfolio as at 31 October 2015 were:

 
           Name of Holding                 % of portfolio 
   Rank                                      (excl. cash) 
 1.       Henderson Japan Capital Growth             2.89 
 2.       BP                                         2.25 
 3.       Senior                                     2.17 
 4.       IP Group                                   2.16 
 5.       GKN                                        2.16 
          Henderson Asia Pacific Capital 
 6.        Growth                                    2.12 
 7.       Rio Tinto                                  2.06 
 8.       Baillie Gifford Pacific                    1.98 
 9.       First State Asia Pacifc                    1.92 
 10.      Amlin                                      1.86

Geographical Split

 
                            % of portfolio 
   Region 
 UK                                     64 
 Europe                                  6 
 North America                           8 
 Japan                                   4 
 Other Pacific                           6 
 Other                                   1 
 Cash and Fixed Interest                11 
 
 TOTAL                                 100 
                           ---------------

Released by The Law Debenture Corporation p.l.c., Fifth Floor, 100 Wood Street, London, EC2V 7EX (contact Ian Bowden, Company Secretariat, 020 7696 5285).

This information is provided by RNS

The company news service from the London Stock Exchange

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November 02, 2015 11:01 ET (16:01 GMT)

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