Net Asset Value
Updated : 07:05
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 05 July 2019 was 680.16 pence per share (ex income) and 693.31 pence per share (cum income). With the Corporation's long term debt stated at fair value, the NAV was 650.35 pence per share (ex income) and 663.51 pence per share (cum income). The mid-market price at the close of business on 05 July 2019 was 596.00 pence per share.
* The IPS fair value is the value that has been applied consistently since the most recent formal valuation at 31 December 2018. The fair value at 30 June 2019 is still being calculated and will be published as part of our half year results announcement.
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.