Net Asset Value and Portfolio Update

RNS Number : 2738E
Law Debenture Corp PLC
02 November 2015
 



Net Asset Value

 

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par on 31 October 2015 was 465.28 pence per share (ex income) and 475.41 pence per share (cum income).  With the Corporation's long term debt stated at fair value, the NAV was 457.25 pence per share (ex income) and 467.39 pence per share (cum income).  The mid-market price at the close of business on 31 October 2015 was 520.50 pence per share.

 

In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 31 October 2015 are set out below

 

Top 10 Holdings

 

The top 10 holdings in the portfolio as at 31 October 2015 were:

 

 

Rank

 

Name of Holding

% of portfolio (excl. cash)

1.

Henderson Japan Capital Growth

2.89

2.

BP

2.25

3.

Senior

2.17

4.

IP Group

2.16

5.

GKN

2.16

6.

Henderson Asia Pacific Capital Growth

2.12

7.

Rio Tinto

2.06

8.

Baillie Gifford Pacific

1.98

9.

First State Asia Pacifc

1.92

10.

Amlin

1.86

 

Geographical Split

 

 

Region

% of portfolio

UK

64

Europe

6

North America

8

Japan

4

Other Pacific

6

Other

1

Cash and Fixed Interest

11



TOTAL

100

 

Released by The Law Debenture Corporation p.l.c., Fifth Floor, 100 Wood Street, London, EC2V 7EX (contact Ian Bowden, Company Secretariat, 020 7696 5285).


 


This information is provided by RNS
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