Dividend Declaration

RNS Number : 3876P

Life Settlement Assets PLC

18 October 2021

 

Life Settlement Assets PLC

(the "Company" or "LSA")

LEI: 2138003OL2VBXWG1BZ27

Dividend Declaration

The Company has continued to receive a number of policy maturities in the period and t he Board has today declared a special dividend of 5.017 cents per share totalling US$2.5 million.

The above dividend will be paid on 22 November 2021 to all Shareholders on the share register at 29 October 2021.

Enquiries:

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

Tel: [phone]

Notes to Editors

Life Settlement Assets PLC is a closed-ended investment trust company which invests in, and manages, portfolios of whole and fractional interests in life settlement policies issued by life insurance companies operating predominantly in the United States. The Company seeks to generate long-term returns for investors by investing in the life settlement market, through each of the separate Share Classes. The Company aims to manage its investment in 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.

 

END

 

 

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