Net Asset Value

RNS Number : 0801L

Law Debenture Corp PLC

16 April 2018

 

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 IPS businesses on 13 April 2018 was 665.93 pence per share (ex income) and 669.46 pence per share (cum income), which excludes the proposed 2017 final dividend of 11.80p.  With the Corporation's long term debt stated at fair value, the NAV was 644.87 pence per share (ex income) and 648.41 pence per share (cum income).  The mid-market price at the close of business on 13 April 2018 was 574.00 pence per share.  The final dividend will be paid on 19 April 2018 to holders on the register at the record date of 16 March 2018.

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).

The Law Debenture Corporation p.l.c. LEI number - 2138006E39QX7XV6PP21

 

END

 

 

NAVSFSFIMFASEEL