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TLI Alt. AO. Prfnpv

52.50
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Alt. AO. Prfnpv LSE:TLI London Ordinary Share GB0034353424 RED PTG PRF SHS NPV US TRADED LIFE INT
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 52.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Alternative Asset Opps PCC Ltd Shareholder Update (4368Q)

29/11/2016 11:11am

UK Regulatory


Alternative Asset Opps Pcc (LSE:TLI)
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TIDMTLI

RNS Number : 4368Q

Alternative Asset Opps PCC Ltd

29 November 2016

Alternative Asset Opportunities PCC Limited

(the "Company")

29 November 2016

Shareholder Update

The Board advises that as at the close of business on 25 November 2016, a further 9 policies had been fully transferred to the purchaser Vida Longevity L.P and aggregate funds of US$8.8 million had been received. Funds received include the refund of associated premium payments made since the risk transfer date of 12 September to keep the policies valid and in effect.

There are 6 policies remaining in the transfer process, further transfer completions are expected to take place in batches on a weekly basis.

In accordance with the Board's cash policy, US$7.3 million has today been converted into Sterling.

Enquiries:

Tracey Lago

   Company Secretary    Tel: 020 3246 7405 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCPGGBUGUPQGGB

(END) Dow Jones Newswires

November 29, 2016 06:11 ET (11:11 GMT)

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