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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Life Settlement Assets Plc | LSE:LSAA | London | Ordinary Share | GB00BF1Q4B05 | ORD SHS USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.70 | 1.60 | 1.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 8.85M | 599k | 0.0120 | 141.67 | 84.71M |
TIDMLSAA TIDMLSAB
RNS Number : 3079K
Life Settlement Assets PLC
31 December 2020
LIFE SETTLEMENT ASSETS PLC
LEI: 2138003OL2VBXWG1BZ27
(the "Company" or "LSA")
Confirmation of Directorate Change
As reported on 22 December 2020, Yves Mertz and Robert Edelstein, Directors of LSA, have stepped down as Directors of the Company today, 31 December 2020.
Michael Baines, Chairman of the Board, stated that "We are grateful for the long-standing support that Yves and Robert have given to LSA and its predecessor company and we are pleased that they will continue to advise the business and the Board."
For further information contact
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7408 4090
ISCA Administration Services Limited
Company Secretary
Tel: 01392 487056
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.
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END
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(END) Dow Jones Newswires
December 31, 2020 06:36 ET (11:36 GMT)
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