Alternative Asset Opps PCC Ltd Net Asset Value(s) (6167V)
April 19 2016 - 3:46AM
UK Regulatory
TIDMTLI
RNS Number : 6167V
Alternative Asset Opps PCC Ltd
19 April 2016
Alternative Asset Opportunities PCC Limited (the "Company")
19 April 2016
The Board of Alternative Asset Opportunities PCC Limited (the
"Company") announces that the net asset value of the US Traded Life
Interests Fund at 31 March 2016 was 51.2 pence per share. This
represents a decrease of 0.5 pence per share from the NAV at 29
February 2016.
It is estimated that exchange rate movements during the month
had a negative impact of approximately 1.6 pence per share.
Valuation changes and LE updates had a positive impact of
approximately 0.6 pence per share. Premiums and other
administration expenses cost approximately 0.9 pence per share.
The policy maturity notified on 22 February 2016 carrying a face
value of US$4,000,000 was formally certified in mid-March and
proceeds were received in early April. The resulting uplift to the
NAV of approximately 1.4p is included in the NAV announced
above.
The Company's borrowings as at 31 March 2016 stood at US$nil.
Total cash amounted to US$4,945,611.
Enquiries:
Tracey Lago Tel: 020 3246 7405
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
NAVGGUCCCUPQUMB
(END) Dow Jones Newswires
April 19, 2016 03:46 ET (07:46 GMT)
Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Alternative Asset Opps Pcc (LSE:TLI)
Historical Stock Chart
From Apr 2023 to Apr 2024