Net Asset Value

RNS Number : 4923V

Law Debenture Corp PLC

09 April 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 05 April 2019 was 671.94 pence per share (ex income) and 677.06 pence per share (cum income), which excludes the proposed 2018 final dividend of 12.90p.  With the Corporation's long term debt stated at fair value, the NAV was 648.25 pence per share (ex income) and 653.37 pence per share (cum income).  The mid-market price at the close of business on 05 April 2019 was 598.00 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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