Alternative Asset Opps PCC Ltd Shareholder Update (4368Q)
29 11월 2016 - 8:11PM
UK Regulatory
TIDMTLI
RNS Number : 4368Q
Alternative Asset Opps PCC Ltd
29 November 2016
Alternative Asset Opportunities PCC Limited
(the "Company")
29 November 2016
Shareholder Update
The Board advises that as at the close of business on 25
November 2016, a further 9 policies had been fully transferred to
the purchaser Vida Longevity L.P and aggregate funds of US$8.8
million had been received. Funds received include the refund of
associated premium payments made since the risk transfer date of 12
September to keep the policies valid and in effect.
There are 6 policies remaining in the transfer process, further
transfer completions are expected to take place in batches on a
weekly basis.
In accordance with the Board's cash policy, US$7.3 million has
today been converted into Sterling.
Enquiries:
Tracey Lago
Company Secretary Tel: 020 3246 7405
This information is provided by RNS
The company news service from the London Stock Exchange
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November 29, 2016 06:11 ET (11:11 GMT)
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