Alternative Asset Opps PCC Ltd Net Asset Value(s) (2814Z)
September 16 2015 - 9:55AM
UK Regulatory
TIDMTLI
RNS Number : 2814Z
Alternative Asset Opps PCC Ltd
16 September 2015
Alternative Asset Opportunities PCC Limited (the "Company")
16 September 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 31 August 2015 was 43.9 pence per share. This
represents an increase of 0.3 pence per share from the NAV at 31
July 2015.
It is estimated that exchange rate movements during the month
had a positive impact of approximately 0.6 pence per share whilst
the incorporation of updated life expectancies and other valuation
changes had a positive impact of 0.3 pence per share. Premiums and
other administration expenses cost approximately 0.6 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$2,412,660.
The Company announced on 20 August and 16 September that
notification had been received of policy maturities with face
values of US$4,000,000 and US$3,000,000 respectively and which will
add approximately 4.0p in aggregate to the NAV once formally
certified.
Enquiries:
Tracey Lago Tel: 020 3246 7405
Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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