Life Settlement Assets PLC Confirmation of Directorate Change (3079K)
December 31 2020 - 5:36AM
UK Regulatory
TIDMLSAA TIDMLSAB
RNS Number : 3079K
Life Settlement Assets PLC
31 December 2020
LIFE SETTLEMENT ASSETS PLC
LEI: 2138003OL2VBXWG1BZ27
(the "Company" or "LSA")
Confirmation of Directorate Change
As reported on 22 December 2020, Yves Mertz and Robert
Edelstein, Directors of LSA, have stepped down as Directors of the
Company today, 31 December 2020.
Michael Baines, Chairman of the Board, stated that "We are
grateful for the long-standing support that Yves and Robert have
given to LSA and its predecessor company and we are pleased that
they will continue to advise the business and the Board."
For further information contact
Acheron Capital Limited (Investment Manager)
Jean-Michel Paul
020 7258 5990
Shore Capital (Financial Adviser and Broker)
Robert Finlay
020 7408 4090
ISCA Administration Services Limited
Company Secretary
Tel: 01392 487056
Notes to Editors
Life Settlement Assets PLC is a closed-ended investment trust
company which invests in, and manages, portfolios of whole and
fractional interests in life settlement policies issued by life
insurance companies operating predominantly in the United States.
The Company seeks to generate long-term returns for investors by
investing in the life settlement market, through each of the
separate Share Classes. The Company aims to manage its investment
in portfolios of life settlement products so that the realised
value of the policy maturities exceeds the aggregate cost of
acquiring the policies, ongoing premiums, management fees and other
operational costs.
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END
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