Net Asset Value

RNS Number : 5741O

Law Debenture Corp PLC

21 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 18 August 2017 was 661.38 pence per share (ex income) and 667.50 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 634.69 pence per share (ex income) and 640.81 pence per share (cum income).  The mid-market price at the close of business on 18 August 2017 was 597.50 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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