Life Settlement Assets PLC Transaction in Own Shares (9836J)
August 23 2019 - 1:00AM
UK Regulatory
TIDMLSAA TIDMLSAB TIDMLSAD TIDMLSAE
RNS Number : 9836J
Life Settlement Assets PLC
23 August 2019
Life Settlement Assets PLC
LEI: 2138003OL2VBXWG1BZ27
(the "Company" or "LSA")
Transaction in own shares
The Company announces that on 22 August 2019 it purchased for
cancellation 48,000 D Ordinary Shares of $0.01 each at a price of
US$1.00 per share, pursuant to the buyback programme announced on 6
August 2019.
Following the transaction, the Company has 8,792,561 D Ordinary
Shares in issue. There are no D Ordinary Shares held in
treasury.
Each of the Company's A Ordinary, B Ordinary, D Ordinary and E
Ordinary Shares carries the same voting rights (save in respect of
matters relating solely to a specific Share Class) therefore the
total number of voting rights in the Company is 64,870,365. This
figure may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
The above purchase completes the share buyback programme in
relation to the D Ordinary Shares. The Company will make further
announcements in due course following the completion of any further
purchases of E Ordinary Shares pursuant to the buyback
programme.
In accordance with Article 5(1)(b) of the Market Abuse
Regulation (EU) No 596/2014 details of the purchase of its own
ordinary shares by LSA, which were all executed through the
Company's broker, Shore Capital Stockbrokers, are set out
below:
Schedule of Purchases:
Shares purchased: Life Settlement Assets PLC D Ordinary shares
(ISIN: GB00BF1Q4N27)
Date of purchase: 22 August 2019
Aggregate information:
Aggregated Volume: 48,000
Volume-weighted average price: US$1.00
Venue: London Stock Exchange
Individual transactions:
Number of D Ordinary Transaction price Time of transaction
Shares purchased (per D Ordinary Share)
48,000 US$1.00 16:02
------------------------ --------------------
Enquiries:
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7601 6115
George Bayer / Kerry Higgins
Maitland Administration Services Limited
Company Secretary
Tel: 01245 209780
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END
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August 23, 2019 02:00 ET (06:00 GMT)
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