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Life Offices Opportunities Trust plc - Sales Analysis Snapshot
Business Description This Report provides a comprehensive Sales & Margin summary analysis for Life Offices Opportunities Trust plc Tabular results include up to a ten-year history on Sales, EBITDA (Earnings before Interest, Taxes, Depreciation and Amortization), Income before Extraordinary Items and number of Employees. Additional ratios are included for sales growth, earnings and income as a percent of sales and Sales per Employee.
Life Offices Opportunities Trust plc. The Company's principal activity is that of an Investment Trust. The objective of the Company is to achieve long term capital growth from a diversified portfolio of with-profits life assurance policies which have the potential for achieving enhanced capital returns, particularly through corporate change in the life assurance industry. The Company is an Investment Company within the meaning of Section 266 of the Companies Act 1985. The Company has been approved by the HM Revenue and Customs as an Investment Trust for the purposes of Section 842 of the Income and Corporation Taxes Act 1988 for the year to 31-Dec-2006.Investment management services are provided by SVM Asset Management Ltd for a fee calculated at 0.75% per annum of the total assets of the Company less current liabilities. The agreement is terminable by either party by giving one year's notice or an immediate payment of a year's fee in lieu of notice.
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