Law Debenture Corp PLC Net Asset Value(s) (4170T)
March 17 2023 - 11:51AM
UK Regulatory
TIDMLWDB
RNS Number : 4170T
Law Debenture Corp PLC
17 March 2023
The Law Debenture Corporation p.l.c.
Net Asset Value as at 16 March 2023
The Law Debenture Corporation p.l.c. announces that its Net
Asset Value ("NAV") with borrowings at par and including the fair
value of IPS business(1) on 16 March 2023 was 754.76 pence per
share (cum income). With the Corporation's long term debt stated at
fair value, the NAV was 778.55 pence per share (cum income). The
mid-market price at the close of business on 16 March 2023 was
791.00 pence per share.
Net Asset Value Excluding Income (pence) Including Income (pence)
NAV with debt at par 751.72 754.76
------------------------ ------------------------
NAV with debt at fair value 775.51 778.55
------------------------ ------------------------
Performance
YTD 1 year 3 years 5 years 10 years
% % % % %
NAV total return (with debt at par) (2) 2.8 -1.6 59.5 36.9 120.0
------------------------------------------------ --- ------ ------- ------- --------
NAV total return (with debt at fair value) (2) 3.3 3.9 75.0 47.0 132.3
------------------------------------------------ --- ------ ------- ------- --------
FTSE Actuaries All-Share Index Total Return (3) 0.3 3.1 49.0 22.1 69.4
------------------------------------------------ --- ------ ------- ------- --------
Share price total return (3) 3.7 3.4 67.6 66.5 140.1
------------------------------------------------ --- ------ ------- ------- --------
Change in Retail Price Index (4) 0.0 12.5 23.4 29.6 45.5
------------------------------------------------ --- ------ ------- ------- --------
(1) The fair value of the IPS business has been calculated as at
31 December 2022.
(2) NAV is calculated in accordance with the Association of
Investment Companies (AIC) methodology, based on performance data
held by Law Debenture including fair value of IPS business and
long-term borrowings. NAV is shown with debt measured at par and
with debt measured at fair value.
(3) Share Price source: Refinitiv.
(4) Source: Office for National Statistics, subject to latest
published RPI, January 2023.
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.
Released by The Law Debenture Corporation p.l.c., 8th Floor, 100
Bishopsgate, London, EC2N 4AG (contact Alison Skerritt, Company
Secretariat, 020 7606 5451).
The Law Debenture Corporation p.l.c. LEI number -
2138006E39QX7XV6PP21
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
NAVBUGDXCSBDGXR
(END) Dow Jones Newswires
March 17, 2023 11:51 ET (15:51 GMT)
Law Debenture (LSE:LWDB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Law Debenture (LSE:LWDB)
Historical Stock Chart
From Sep 2023 to Sep 2024