TIDMLWDB

RNS Number : 2900J

Law Debenture Corp PLC

04 December 2018

Net Asset Value

The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par and including fair value of IPS businesses on 30 November 2018 was 646.88 pence per share (ex income) and 660.11 pence per share (cum income). With the Corporation's long term debt stated at fair value, the NAV was 631.64 pence per share (ex income) and 644.87 pence per share (cum income). The mid-market price at the close of business on 30 November 2018 was 564.00 pence per share.

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. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 30 November 2018 are set out below.

Top 10 Holdings

The top 10 holdings in the investment portfolio as at 30 November 2018 were:

 
           Name of Holding            % of portfolio 
   Rank                                 (excl. cash) 
 1.       Royal Dutch Shell                     4.39 
 2.       GlaxoSmithKline                       2.73 
 3.       HSBC                                  2.57 
 4.       BP                                    2.44 
 5.       Rolls Royce                           2.05 
 6.       Senior                                2.02 
 7.       Stewart Investors Pacific             1.99 
 8.       Rio Tinto                             1.96 
 9.       Prudential                            1.88 
 10.      Hiscox                                1.83

Geographical Split of investment portfolio

 
                            % of portfolio 
   Region 
 UK                                     61 
 Europe                                  8 
 North America                           9 
 Japan                                   1 
 Other Pacific                           4 
 Other                                   1 
 Cash and Fixed Interest                16 
 
 TOTAL                                 100 
                           ---------------

Released by The Law Debenture Corporation p.l.c., Fifth Floor, 100 Wood Street, London, EC2V 7EX (contact Ian Bowden, Company Secretariat, 020 7696 5285).

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

MSCLLFSRFSLVIIT

(END) Dow Jones Newswires

December 04, 2018 02:00 ET (07:00 GMT)

Law Debenture (LSE:LWDB)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Law Debenture Charts.
Law Debenture (LSE:LWDB)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Law Debenture Charts.