Policy Maturities

RNS Number : 4165M

Life Settlement Assets PLC

07 January 2019

 

Life Settlement Assets PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Policy Maturities

The Company has received notification of three policy maturities before 31 December 2018 on one life with a face value of US$8,172,249.68 for the benefit of the A share class (LSAA), US$2,696,213.66 for the benefit of the B share class (LSAB), US$2,019,869.81 for the benefit of the D share class (LSAD) and US$2,058,682.07 for the benefit of the E share class (LSAE).  These maturities reflect the lumpy nature of returns from the portfolio and are supportive of the Board's expectations for the year as a whole.  The maturities are in the process of being valued and, assuming they are verified, would add approximately US$0.085 to the NAV per A share, US$0.082 to the NAV per B share, US$0.085 to the NAV per D share, US$0.477 to the NAV per E share before costs.

Enquiries:

George Bayer

Maitland Administration Services Limited

Company Secretary                                                                                                        Tel: [phone]

 

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