TIDMTLI

RNS Number : 1723H

Alternative Asset Opps PCC Ltd

17 June 2013

Alternative Asset Opportunities PCC Limited (the "Company")

17 June 2013

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 31 May 2013 was 56.6 pence per share. This represents an increase of 1.5 pence per share from the NAV at 30 April 2013.

This recognises a profit of 0.4 pence from the maturity of two policies, on one life, not previously reported. The combined face value of these two policies is US$1 million, but the cash has not yet been received.

It is estimated that exchange rate movements had a positive impact during the month of 1.5 pence per share. The Company's borrowings as at 31 May 2013 stood at US$6,239,000. Net debt, taking into account cash balances and capital debtors (being the above maturity proceeds not yet received), amounted to US$2,868,000.

Enquiries:

 
 Peter Ingram         Tel: 020 7065 1467 
  Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

NAVGGUBPQUPWUBM

Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more Alternative Asset Opps Pcc Charts.
Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more Alternative Asset Opps Pcc Charts.