Alternative Asset Opps PCC Ltd Net Asset Value(s) (8112C)

TIDMTLI

RNS Number : 8112C

Alternative Asset Opps PCC Ltd

20 October 2015

Alternative Asset Opportunities PCC Limited (the "Company")

20 October 2015

The Board of Alternative Asset Opportunities PCC Limited (the "Company") announces that the net asset value of the US Traded Life Interests Fund at 30 September 2015 was 44.0 pence per share. This represents an increase of 0.1 pence per share from the NAV at 31 August 2015.

It is estimated that exchange rate movements during the month had a positive impact of approximately 0.7 pence per share whilst other valuation changes had a positive impact of 0.4 pence per share. Premiums and other administration expenses cost approximately 1.0 pence per share.

The Company's borrowings as at 31 August 2015 stood at US$2,000,000. Total cash, including drawn borrowings, amounted to US$1,370,707.

The Company announced on 20 August, 16 September and 23 September that notification had been received of policy maturities with face values of US$4,000,000, US$3,000,000 and US$3,000,000 respectively and which will add approximately 5.6p in aggregate to the NAV once formally certified.

Enquiries:

 
 Tracey Lago          Tel: [phone] 
  Company Secretary 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

NAVPGGPAUUPAUBU

(END) Dow Jones Newswires

October 20, 2015 05:54 ET (09:54 GMT)