Net Asset Value(s)

RNS Number : 9091H

Life Settlement Assets PLC

27 March 2020

 

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Monthly NAV Report

LSA, a closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States, today announces its unaudited Net Asset Value (NAV) for its four classes of ordinary shares - A Ordinary Shares ("A Shares"), B Ordinary Shares ("B Shares"), D Ordinary Shares ("D Shares") and E Ordinary Shares ("E Shares") as at  29 February 2020.

The information and further commentary on each of its share classes will be available on LSA's website,  www.lsaplc.com/investor-relations/reports-company-literature .

A Shares

Estimated NAV	NAV per share
US$89,207,094	US$2.2362

B Shares

Estimated NAV	NAV per share
US$14,113,839	US$0.9670

D Shares

Estimated NAV	NAV per share
US$7,,705,607	US$0.8764

E Shares

Estimated NAV	NAV per share
US$3,624,079	US$2.3133

For further information contact

Acheron Capital Limited (Investment Manager)

Jean-Michel Paul

020 7258 5990

Shore Capital (Financial Adviser and Broker)

Robert Finlay

020 7408 4090

ISCA Administration Services Limited

Company Secretary

Tel: [phone]

Notes to Editors

LSA is a  closed-ended investment company which manages portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States.  The life settlement market enables individuals to sell their life insurance policies to investors at a higher cash value than they would otherwise receive from insurance companies (if they were cancelled or surrendered at the date of sale). The Company aims to manage 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.  LSA was is listed on the Specialist Fund Segment of the Main Market of the London Stock Exchange.

 

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