Settlements SA  

(Public, EBR:STTL)   Watch this stock  
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13.52
0.00 (0.00%)
Dec 21 - Close
EBR real-time data - Disclaimer
Currency in USD
Range     -
52 week 13.47 - 14.60
Open     -
Vol. 0.00
Mkt cap 3.65M
P/E     -
Div/yield     -
EPS     -
Shares 270,000.00
Beta     -
Inst. own     -

Key stats and ratios

Q2 (Jun '13) 2012
Net profit margin - -
Operating margin - -
EBITD margin - -
Return on average assets - -3.14%
Return on average equity - -3.36%
CDP Score - -

Address

Boulevard de la Cambre 33
BRUXELLES, 1000
Belgium
+32-4-95295412 (Phone)
+32-2-6471744 (Fax)

Website links

Description

Settlements SA is a Belgian-based company that intends to purchase, manage and sell Second Hand Insurance Policies (SMPs) pertaining to assured fund, with the aim of providing returns above the market average to its investors. SMPs are prodominantly sold by elderly insured, who expect to obtain a selling price in the life settlement market that exceeds the surrender value that they would be paid if they were to surrender their life insurance policies to the underwriting insurance company. To finance the purchasing of SMPs, the Company intends to issue debts notes to publicly offer them for subscription in Belgium and also list them on Alternext Brussels, a MTF organized by Euronext Brussels at NYSE Euronext group. The aim of the Company is, to continue to identify new SMPs Portfolio and finance their purchasing through the issue of new debts notes. In June 2013, sold its stake in L.S. Portfolio 1 SPRL.

Officers and directors

Marco Mennella Chairman of the Board, Representative of Alternative Capital Advice SA
Andrew Henton Director
Francoise Platteborse Director
Andrew Walters Director