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LWDB Law Debenture Corporation Plc

835.00
10.00 (1.21%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Law Debenture Corporation Plc LSE:LWDB London Ordinary Share GB0031429219 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  10.00 1.21% 835.00 834.00 836.00 837.00 829.00 829.00 174,554 16:25:34
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 133.36M 75.15M 0.5730 14.57 1.1B

Law Debenture Corp PLC Net Asset Value and Portfolio Update (4982I)

02/04/2020 7:00am

UK Regulatory


Law Debenture (LSE:LWDB)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Law Debenture Charts.

TIDMLWDB

RNS Number : 4982I

Law Debenture Corp PLC

02 April 2020

The Law Debenture Corporation p.l.c.

Net Asset Value as at 31 March 2020

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including the fair value of IPS business(1) on 31 March 2020 was 515.66 pence per share (cum income), which excludes the proposed 2019 final dividend of 19.40p as the shares went ex-dividend on 12 March. With the Corporation's long term debt stated at fair value, the NAV was 489.87 pence per share (cum income). The mid-market price at the close of business on 31 March 2020 was 464.00 pence per share. The final dividend will be paid, subject to shareholder approval, on 16 April 2020 to holders on the register at the record date of 13 March 2020.

 
Net Asset Value               Excluding Income (pence)  Including Income (pence) 
NAV with debt at par                            510.27                    515.66 
                              ------------------------  ------------------------ 
NAV with debt at fair value                     484.48                    489.87 
                              ------------------------  ------------------------ 
 

Performance

 
                                                    YTD  1 year  3 years  5 years  10 years 
                                                      %       %        %        %         % 
NAV total return (with debt at par) (2)           -27.1   -18.4    -11.4      5.8      98.0 
------------------------------------------------  -----  ------  -------  -------  -------- 
NAV total return (with debt at fair value) (2)    -27.5   -19.2    -11.9      3.4      89.6 
------------------------------------------------  -----  ------  -------  -------  -------- 
FTSE Actuaries All-Share Index Total Return (3)   -25.1   -18.5    -12.2      2.9      53.6 
------------------------------------------------  -----  ------  -------  -------  -------- 
Share price total return (3)                      -26.0   -19.7     -6.3      7.6     114.6 
------------------------------------------------  -----  ------  -------  -------  -------- 
Change in Retail Price Index (4)                    0.0     2.5      8.8     13.8      33.2 
------------------------------------------------  -----  ------  -------  -------  -------- 
 

(1) The fair value of the IPS business has been calculated as at 31 December 2019 and was published as part of the year end results announcement on 27 February 2020.

(2) NAV is calculated in accordance with the Association of Investment Companies (AIC) methodology, based on performance data held by Law Debenture including fair value of IPS business and long-term borrowings. NAV is shown with debt measured at par and with debt measured at fair value.

(3) Source: Thomson Reuters.

(4) Source: Bloomberg, subject to the latest published RPI data based on February 2020.

Geographical Split of investment portfolio

 
Region          % of portfolio     % of portfolio     % of portfolio 
                 31 March 2020   31 December 2019   31 December 2018 
UK                        78.6               80.7               74.5 
Europe                    10.3                7.8                8.6 
North America              8.0                8.3                9.9 
Japan                      1.3                1.1                1.1 
Other                      1.0                1.2                1.4 
Other Pacific              0.8                0.9                4.5 
TOTAL                    100.0              100.0              100.0 
                --------------  -----------------  ----------------- 
 

Full Portfolio Listing

Law Debenture will now be publishing details of its full investment portfolio monthly. As at 31 March 2020 the portfolio comprised as follows:

 
Holding Name                        Location      Sector               Industry                           GBP000  % 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Glaxosmithkline                     UK            Health Care          Pharmaceuticals & biotechnology    25,363  4.10 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Royal Dutch Shell                   UK            Oil & Gas            Oil & gas producers                16,995  2.75 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
Ceres Power                         UK            Oil & Gas             distribution                      15,528  2.51 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Rio Tinto                           UK            Basic Materials      Mining                             13,941  2.25 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
National Grid                       UK            Utilities            Gas, water & multiutilities        13,334  2.16 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Relx                                UK            Consumer Services    Media                              12,986  2.10 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
HSBC                                UK            Financials           Banks                              11,977  1.94 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Severn Trent                        UK            Utilities            Gas, water & multiutilities        11,395  1.84 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
BP                                  UK            Oil & Gas            Oil & gas producers                10,990  1.78 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Astrazeneca                         UK            Health Care          Pharmaceuticals & biotechnology    10,744  1.74 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Prudential Corp                     UK            Financials           Life insurance/assurance           9,639   1.56 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Direct Line Insurance               UK            Financials           Nonlife insurance                  9,601   1.55 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
BAE Systems                         UK            Industrials          Aerospace & defence                9,389   1.52 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Herald Investment Trust             UK            Financials           Equity investment instruments      9,350   1.51 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Flutter Entertainment PLC           UK            Consumer Services    Travel & leisure                   8,381   1.35 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Toyota Motor                        Japan         Consumer Goods       Automobiles & parts                8,016   1.30 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Standard Chartered                  UK            Financials           Banks                              7,961   1.29 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Urban Logistics REIT                UK            Financials           Real estate investment trusts      7,864   1.27 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Hiscox                              UK            Financials           Nonlife insurance                  7,779   1.26 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Smith (DS)                          UK            Industrials          General industrials                7,749   1.25 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Hipgnosis Songs Fund                UK            Financials           Equity investment instruments      7,364   1.19 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Dunelm                              UK            Consumer Services    General retailers                  7,277   1.18 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Johnson Service                     UK            Industrials          Support services                   7,213   1.17 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Morgan Advanced Materials           UK            Industrials          Electronic & electrical equipment  7,126   1.15 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Aviva                               UK            Financials           Life insurance/assurance           7,072   1.14 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Croda                               UK            Basic Materials      Chemicals                          7,043   1.14 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Land Securities                     UK            Financials           Real estate investment trusts      6,945   1.12 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
British American Tobacco            UK            Consumer Goods       Tobacco                            6,893   1.11 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
BHP                                 UK            Basic Materials      Mining                             6,885   1.11 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Smith & Nephew                      UK            Health Care          Health care equipment & services   6,737   1.09 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Rolls Royce                         UK            Industrials          Aerospace & defence                6,642   1.07 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Mondi                               UK            Basic Materials      Forestry & paper                   6,560   1.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Caterpillar                         USA           Industrials          Industrial engineering             6,540   1.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Cummins                             USA           Industrials          Industrial engineering             6,537   1.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Real estate investments & 
St Modwen Properties                UK            Financials            services                          6,114   0.99 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Senior                              UK            Industrials          Aerospace & defence                5,985   0.97 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
RSA Insurance                       UK            Financials           Nonlife insurance                  5,886   0.95 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Hill & Smith                        UK            Industrials          Industrial engineering             5,879   0.95 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Lloyds Banking                      UK            Financials           Banks                              5,759   0.93 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Household goods & home 
Watkin Jones                        UK            Consumer Goods        construction                      5,720   0.92 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Chesnara                            UK            Financials           Life insurance/assurance           5,676   0.92 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
M & G                               UK            Financials           Financial services                 5,630   0.91 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Accsys Technologies                 UK            Industrials          Construction & materials           5,585   0.90 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Balfour Beatty                      UK            Industrials          Construction & materials           5,441   0.88 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Johnson & Johnson                   USA           Health Care          Pharmaceuticals & biotechnology    5,273   0.85 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Marshalls                           UK            Industrials          Construction & materials           5,265   0.85 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Spectris                            UK            Industrials          Electronic & electrical equipment  5,213   0.84 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Applied Materials                   USA           Technology           Technology hardware & equipment    5,165   0.83 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Scottish Oriental Small Co          Pacific       Financials           Equity investment instruments      4,888   0.79 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Babcock                             UK            Industrials          Aerospace & defence                4,767   0.77 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Bristol-Myers Squibb                USA           Health Care          Pharmaceuticals & biotechnology    4,483   0.72 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
IP Group plc                        UK            Financials           Financial services                 4,436   0.72 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Deere                               USA           Industrials          Industrial engineering             4,340   0.70 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Real estate investments & 
Grit Real Estate Income             Other         Financials            services                          4,290   0.69 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Gibson Energy                       Canada        Oil & Gas            Oil & gas producers                4,278   0.69 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Irish Continental                   Ireland       Consumer Services    Travel & leisure                   4,255   0.69 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Royal Bank Of Scotland              UK            Financials           Banks                              4,234   0.68 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Microsoft                           USA           Technology           Software & computer services       4,125   0.67 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Euromoney                           UK            Consumer Services    Media                              4,067   0.66 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Koninklijke DSM                     Netherlands   Basic Materials      Chemicals                          4,038   0.65 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Vodafone                            UK            Telecommunications   Mobile telecommunications          3,954   0.64 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Pfizer                              USA           Health Care          Pharmaceuticals & biotechnology    3,942   0.64 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
SSE                                 UK            Utilities            Electricity                        3,912   0.63 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Oxford Sciences Innovation          UKULM         Financials           Financial services                 3,855   0.62 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
ITM Power plc                       UK            Oil & Gas             distribution                      3,835   0.62 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Foresight Solar                     UK            Financials           Equity investment instruments      3,815   0.62 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
General Motors                      USA           Consumer Goods       Automobiles & parts                3,765   0.61 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Household goods & home 
Taylor Wimpey                       UK            Consumer Goods        construction                      3,758   0.61 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Provident Financial                 UK            Financials           Financial services                 3,758   0.61 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Royal Mail                          UK            Industrials          Industrial transportation          3,750   0.61 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Standard Life Aberdeen              UK            Financials           Financial services                 3,708   0.60 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Nestle                              Switzerland   Consumer Goods       Food producers                     3,570   0.58 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Linde                               Germany       Basic Materials      Chemicals                          3,567   0.58 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
TT Electronics                      UK            Industrials          Electronic & electrical equipment  3,514   0.57 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Roche                               Switzerland   Health Care          Pharmaceuticals & biotechnology    3,503   0.57 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Ibstock                             UK            Industrials          Construction & materials           3,339   0.54 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Ryanair                             Ireland       Consumer Services    Travel & leisure                   3,271   0.53 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
IMI                                 UK            Industrials          Industrial engineering             3,270   0.53 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Novo-Nordisk                        Denmark       Health Care          Pharmaceuticals & biotechnology    3,242   0.52 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
International Personal Finance      UK            Financials           Financial services                 3,162   0.51 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Phoenix Group Holdings              UK            Financials           Life insurance/assurance           3,133   0.51 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
International Consolidated 
 Airlines                           UK            Consumer Services    Travel & leisure                   2,958   0.48 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Indus Gas                           UK            Oil & Gas            Oil & gas producers                2,917   0.47 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Meggitt                             UK            Industrials          Aerospace & defence                2,895   0.47 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Muenchener Rueckver                 Germany       Financials           Nonlife insurance                  2,798   0.45 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Total (Fra)                         France        Oil & Gas            Oil & gas producers                2,665   0.43 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Hammerson                           UK            Financials           Real estate investment trusts      2,592   0.42 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Pernod-Ricard                       France        Consumer Goods       Beverages                          2,590   0.42 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Telecom Italia RSP                  Italy         Telecommunications   Mobile telecommunications          2,390   0.39 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Prosus                              Netherlands   Technology           Software & computer services       2,386   0.39 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Allied Minds                        UK            Financials           Financial services                 2,382   0.39 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Vivendi                             France        Consumer Services    Media                              2,356   0.38 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Cellnex Telecom Sau                 Spain         Telecommunications   Mobile telecommunications          2,232   0.36 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Deutsche Boerse                     Germany       Financials           Financial services                 2,221   0.36 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Carnival                            UK            Consumer Services    Travel & leisure                   2,208   0.36 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Elementis                           UK            Basic Materials      Chemicals                          2,185   0.35 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Sig Combibloc                       Switzerland   Industrials          General industrials                2,163   0.35 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Studio Retail Group plc             UK            Consumer Services    General retailers                  2,148   0.35 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Anglo American                      UK            Basic Materials      Mining                             2,124   0.34 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
SAP                                 Germany       Technology           Software & computer services       2,095   0.34 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
SGS                                 Switzerland   Industrials          Support services                   2,084   0.34 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Embraer                             Other         Industrials          Aerospace & defence                2,046   0.33 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Bawag                               Austria       Financials           Banks                              2,041   0.33 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Marks and Spencer                   UK            Consumer Services    General retailers                  1,984   0.32 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
St. James's Place                   UK            Financials           Life insurance/assurance           1,899   0.31 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Daily Mail & General Trust 'A'      UK            Consumer Services    Media                              1,880   0.30 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Deutsche Telekom                    Germany       Telecommunications   Mobile telecommunications          1,873   0.30 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
ASML                                Netherlands   Technology           Technology hardware & equipment    1,729   0.28 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Grifols, S.A.                       Spain         Health Care          Pharmaceuticals & biotechnology    1,689   0.27 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
SigmaRoc                            UK            Industrials          Construction & materials           1,582   0.26 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Marstons                            UK            Consumer Services    Travel & leisure                   1,517   0.25 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Weir Group                          UK            Industrials          Industrial engineering             1,442   0.23 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Worldline                           France        Industrials          Support services                   1,439   0.23 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Amundi                              France        Financials           Financial services                 1,437   0.23 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Augean                              UK            Industrials          Support services                   1,384   0.22 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Kier                                UK            Industrials          Construction & materials           1,352   0.22 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Redde Northgate                     UK            Industrials          Support services                   1,275   0.21 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Wincanton                           UK            Industrials          Industrial transportation          1,197   0.19 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Moncler                             Italy         Consumer Goods       Personal goods                     1,146   0.19 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Simec Atlantis Energy               UK            Utilities            Electricity                        1,132   0.18 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
UniCredit                           Italy         Financials           Banks                              1,033   0.17 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Eddie Stobart Logistics             UK            Industrials          Industrial transportation          971     0.16 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
Schlumberger                        USA           Oil & Gas             distribution                      869     0.14 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Morses Club                         UK            Financials           Financial services                 808     0.13 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Premier Oil                         UK            Oil & Gas            Oil & gas producers                646     0.10 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Severfield                          UK            Industrials          Industrial engineering             507     0.08 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Renold                              UK            Industrials          Industrial engineering             490     0.08 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Ilika                               UK            Oil & Gas            Alternative Energy                 400     0.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
National Oilwell Vaeco              USA           Oil & Gas             distribution                      395     0.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
Velocys                             UK            Oil & Gas             distribution                      386     0.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Centrica                            UK            Utilities            Gas, water & multiutilities        381     0.06 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Tullow Oil                          UK            Oil & Gas            Oil & gas producers                215     0.03 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Unlisted                            UK            Other                Other                              213     0.03 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Better Cap                          UK            Financials           Equity investment instruments      150     0.02 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Mirriad Advertising                 UK            Consumer Services    Media                              126     0.02 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Ricardo                             UK            Industrials          Support services                   101     0.02 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Fastjet                             UK            Consumer Services    Travel & leisure                   62      0.01 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Carclo                              UK            Basic Materials      Chemicals                          62      0.01 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Providence Resources                UK            Oil & Gas            Oil & gas producers                53      0.01 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
                                                                       Oil equipment services & 
Now Inc                             USA           Oil & Gas             distribution                      52      0.01 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
Permanent TSB                       Ireland       Financials           Banks                              2       0.00 
----------------------------------  ------------  -------------------  ---------------------------------  ------  ---- 
 

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.

Released by The Law Debenture Corporation p.l.c., Fifth Floor, 100 Wood Street, London, EC2V 7EX (contact Debbie Fish, Company Secretariat, 020 7696 5940).

The Law Debenture Corporation p.l.c. LEI number - 2138006E39QX7XV6PP21

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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April 02, 2020 02:00 ET (06:00 GMT)

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