LIFE SETTLEMENT ASSETS PLC — Net Asset Value 2020

Jan 3, 2020

National Storage Mechanism | Additional information

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RNS Number : 6841Y

Life Settlement Assets PLC

03 January 2020

LIFE SETTLEMENT ASSETS PLC

LEI: 2138003OL2VBXWG1BZ27

(the "Company" or "LSA")

Monthly NAV Performance 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 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") for the month ended 30 November 2019.  The NAV figures are after the Tender Offer (A Shares), the special dividend payments for A Shares, D Shares and E Shares first announced on 14 May 2019, the special dividend payments for D Shares and E shares first announced on 24 October 2019 and the Class D and Class E buyback payments. 

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$90,349,904	US$2.2649

B Shares

Estimated NAV	NAV per share
US$13,712,133	US$0.9394

D Shares

Estimated NAV	NAV per share
US$7,526,608	US$0.8560

E Shares

Estimated NAV	NAV per share
US$3,754,899	US$2.3968

For further information contact

Acheron Capital Limited (Investment Manager)

Jean-Michel Paul

020 7258 5990

Shore Capital (Financial Adviser and Broker)

Robert Finlay

020 7601 6115

ISCA Administration Services Limited

Company Secretary

01392 487056

TB Cardew (Financial PR)

Shan Shan Willenbrock

020 7930 0777

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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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