Alternative Asset Opps PCC Ltd Net Asset Value(s) (8953Z)

TIDMTLI

RNS Number : 8953Z

Alternative Asset Opps PCC Ltd

16 December 2014

Alternative Asset Opportunities PCC Limited (the "Company")

16 December 2014

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 28 November 2014 was 42.3 pence per share. This represents a decrease of 1.7 pence per share from the NAV at 31 October 2014. It is estimated that exchange rate movements during the month had a positive impact of approximately 0.9 pence per share. During the month LE adjustments on 36 lives (44 policies) reduced NAV by 2.0 pence per share.

The Company's borrowings as at 28 November 2014 showed a nil balance and cash balances as at that date amounted to US$1,087,505. The NAV and net cash balance do not reflect the two maturities on two lives announced on 24 November and 27 November 2014, which once certified will result in aggregate proceeds of US$8,000,000 and add approximately 5.5p to the NAV per share.

Enquiries:

 
 Peter Ingram         Tel: [phone] 
  Company Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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