Net Asset Value
The Board of The Law Debenture Corporation p.l.c. announces that its Net Asset Value (NAV Ex Income) at 31 August 2012 was 355.00 pence per share and NAV Cum Income was 360.41 pence per share. The mid-market price at the close of business that day was 397.00 pence per share.
In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 31 August 2012are set out below
Top 10 Holdings
The top 10 holdings in the portfolio as at 31 August 2012 were:
Rank Name of Holding % of portfolio
(excl. cash)
1. UK Treasury 4.5% 07/03/13 4.35
2. Senior 3.47
3. UK Treasury 2.25% 07/03/14 3.27
4. BP 2.55
5. Royal Dutch Shell 2.48
6. Henderson Japan Capital Growth 2.40
7. GlaxoSmithKline 2.33
8. Henderson Asia Pacific Capital Growth 2.33
9. GKN 2.15
10. Baillie Gifford Pacific 2.04
Geographical Split
Region % of portfolio
UK 67
Europe 7
North America 8
Japan 3
Other Pacific 7
Other -
Cash and Fixed Interest 8
TOTAL 100
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).
