Net Asset Value and Portfolio Update

RNS Number : 2165T
Law Debenture Corp PLC
01 October 2014
 



Net Asset Value

 

The Board of The Law Debenture Corporation p.l.c. announces that its Net Asset Value (NAV Ex Income) at 30 September 2014 was 467.36 pence per share and NAV Cum Income was 475.54 pence per share.  With the Corporation's long term debt stated at fair value, the NAV is reduced by 8.20 pence per share.  The mid-market price at the close of business on 30 September 2014 was 515.50 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 30 September 2014 are set out below

 

Top 10 Holdings

 

The top 10 holdings in the portfolio as at 30 September 2014 were:

 

 

Rank

 

Name of Holding

% of portfolio (excl. cash)

1.

BP

2.68

2.

Senior

2.61

3.

Royal Dutch Shell

2.47

4.

GKN

2.44

5.

Henderson Japan Capital Growth

2.36

6.

Henderson Asia Pacific Capital Growth

2.21

7.

Rio Tinto

2.18

8.

Baillie Gifford Pacific

2.09

9.

HSBC

1.96

10.

First State Asia Pacifc

1.86

 

Geographical Split

 

 

Region

% of portfolio

UK

69

Europe

6

North America

8

Japan

3

Other Pacific

6

Other

2

Cash and Fixed Interest

6



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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