Investments

Ress Life Investments A/S publishes annual report

Ress Life Investments A/S

Ress Life Investments A/S

Ress Life Investments A/S
Company Announcement no. 44/2022
Annual Report 2021/22 http://www.resslifeinvestments.com/

Corporate Announcement no. 44/2022: Annual Report 1 October 2021 30 September 2022

Copenhagen, 7 December 2022

The Board of Administrators and Administration have at the moment mentioned and accepted the Annual Report of Ress
Life Investments A/S for the interval 1 October 2021 – 30 September 2022.

Key outcomes and highlights:

  • Ress Life Investments A/S realised a web revenue earlier than and after tax of USD 34,895,871 for the interval 1 October 2021 – 30 September 2022. Web revenue for the interval corresponds to a web return on fairness of 10.5% and a rise in web asset worth of USD 229 per share.

  • The rise in revenue primarily pertains to pay-outs of insurance policies offset by administrative bills and workers prices.

  • The honest worth of the Group’s funding property elevated from USD 255,262,257 at 30 September 2021 to USD 303,228,365 at 30 September 2022.

  • The Group’s investments in treasury payments elevated from USD 4,999,617 to USD 54,544,382 at 30 September 2022.

  • Fairness stands at USD 384,914,576 at 30 September 2022, akin to a web asset worth of USD 2,388 per share in contrast with a web asset worth of USD 2,159 at 30 September 2021.

  • In the course of the interval, 31,342 new unusual shares have been issued and 4,161 shares have been purchased again from traders. As well as, 3,541 of the purchased treasury shares have been resold to traders and 769 treasury shares stay.

  • Expectations that the life settlement market continues to supply enticing returns, permits Administration to take a constructive view on future efficiency.

Questions associated to this announcement might be made to the Group’s AIF-manager, Resscapital AB, Gustaf Hagerud, phone (+46) 8 545 282 27, or to the Group’s CEO Michael Hovard Ekmann, e-mail: michael.hovard.ekmann@resslifeinvestments.com.

Yours sincerely,

Ress Life Investments A/S Board of Administrators

 

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