AGM Statement

Life Settlement Assets PLC

18 June 2024

 

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

ANNUAL GENERAL MEETING - 18 June 2024

The Board of LSA are pleased to announce that all the resolutions proposed at the Company's annual general meeting held today were approved by Shareholders on a Poll.  The voting was as follows:

	TOTAL VOTES FOR	TOTAL VOTES AGAINST
Resolution 1	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 2	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 3	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 4	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 5	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 6	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 7	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 8	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 9	4,141,357 - 83.9%	794,690 - 16.1%
Resolution 10	4,936,047 - 100.00%	Nil

Following the renewal of buy-back authorities, with the passing of Resolution 10, the Company intends to continue with the buyback programme announced on 5 June 2024.

For further information contact

Michael Baines (Chair) 

c/o ISCA Administration Services Limited

01392 487056

Shore Capital (Financial Adviser and Broker)

Gillian Martin / Anita Ghanekar / Harry Davies-Ball

020 7408 4090

ISCA Administration Services Limited

Company Secretary

Tel: [phone]

Notes to Editors

Life Settlement Assets PLC is a closed-ended investment trust company which invests in, and manages, portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The Company seeks to generate long-term returns for investors by investing in the life settlement market, through each of the separate Share Classes. The Company aims to manage its investment in portfolios of life settlement products so that the realised value of the policy maturities exceeds the aggregate cost of acquiring the policies, ongoing premiums, management fees and other operational costs.

 

END