Last checked at 
28 Feb 2020 11:13
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 31 December 2019.
The unaudited NAV for the B and E share classes shows a movement in percentage terms of +8.39% and -6.48% respectively over the previous month. For the B share class this change results from additional information becoming available on a number of policies leading to a positive change in the valuation. For the E share classes the change is mainly driven by improvement in the mortality assumptions. The changes for the A and D share classes over the previous month were -1.37% and -2.87% respectively
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$89,107,790 | US$2.2338 |
B Shares
Estimated NAV | NAV per share |
US$14,863,078 | US$1.0183 |
D Shares
Estimated NAV | NAV per share |
US$7,310,432 | US$0.8314 |
E Shares
Estimated NAV | NAV per share |
US$3,511,622 | US$2.2416 |
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: 01392 487056
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.