Net Asset Value

RNS Number : 9636N

Law Debenture Corp PLC

14 August 2017

 

Net Asset Value

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including fair value of IFS businesses on 11 August 2017 was 658.82 pence per share (ex income) and 664.94 pence per share (cum income), which excludes the proposed 2017 interim dividend of 5.50p.  With the Corporation's long term debt stated at fair value, the NAV was 631.86 pence per share (ex income) and 637.98 pence per share (cum income).  The mid-market price at the close of business on 11 August 2017 was 591.50 pence per share.  The interim dividend will be paid on 8 September 2017 to holders on the register at the record date of 11 August 2017.

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).

 

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