Net Asset Value

RNS Number : 5018S

Law Debenture Corp PLC

12 March 2019

 

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 08 March 2019 was 651.21 pence per share (ex income) and 666.06 pence per share (cum income), which includes the proposed 2018 final dividend of 12.90p.  With the Corporation's long term debt stated at fair value, the NAV was 628.81 pence per share (ex income) and 643.66 pence per share (cum income).  The mid-market price at the close of business on 08 March 2019 was 582.00 pence per share.  The final dividend will be paid, subject to shareholder approval, on 18 April 2019 to holders on the register at the record date of 15 March 2019.

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

 

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