NAV at 28 February
05 March 2014
Net Asset Value
The Corporation publishes its Net Asset Value (‘NAV’) each Monday and immediately after each month end.
- The Board of The Law Debenture Corporation p.l.c. announces that its Net Asset Value (NAV Ex Income) at 28 February 2014 was 485.97 pence per share and NAV Cum Income was 499.28 pence per share, which includes the proposed 2013 final dividend of 10.50p. With the Corporation's long term debt stated at fair value, the NAV is reduced by 6.14 pence per share. The mid-market price at 28 February 2014 was 547.00 pence per share. The final dividend will be paid, subject to shareholder approval, on 17 April 2014 to holders on the register at the record date of 21 March 2014.
Geographical Split and Top Ten Holdings
Immediately following the end of each month, we also publish information about the geographical split and top ten holdings of the portfolio.
The current data is as follows:
Geographical Split at 28 February 2014
||% of Portfolio
|Cash and Fixed Interest
||Name of Holding
||% of Portfolio (excl. cash)
||Royal Dutch Shell||2.29
|6||Henderson Japan Capital Growth
Henderson Asia Pacific Capital Growth
Baillie Gifford Pacific