Director/PDMR Shareholding

RNS Number : 2774K

Litigation Capital Management Ltd

04 May 2022

 

04 May 2022

Litigation Capital Management Limited

("LCM" or the "Company")

Director / PDMR Shareholding

Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, announces that on 3 May 2022 Jonathan Moulds, Chairman of the Company, purchased 100,000 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 103.87 pence per Ordinary Share.

Following the above purchase, Mr Moulds has an interest in 2,080,000 Ordinary Shares, which represents 1.74 per cent. of the issued share capital of the Company.

Mr Moulds is  a Person Discharging Managerial Responsibilities   (PDMR).

Enquiries

Litigation Capital Management	c/o Alma PR
Patrick Moloney, Chief Executive Officer
Canaccord (Nomad and Joint Broker)	Tel: [phone]
Bobbie Hilliam
Investec Bank plc (Joint Broker)	Tel: [phone]
David Anderson
Alma PR	Tel: [phone]
Justine James Rebecca Sanders-Hewett	[e-mail]
Susie Hudson Kieran Breheny

NOTES TO EDITORS

Litigation Capital Management (LCM) is an alternate asset manager specialising in disputes financing solutions internationally, which operates two business models. The first is direct investments made from LCM's permanent balance sheet capital and the second is third party fund management. Under those two business models, LCM currently pursues three investment strategies: Single-case funding, Portfolio funding and Acquisitions of claims. LCM generates its revenue from both its direct investments and also performance fees through asset management.

LCM has an unparalleled track record driven by disciplined project selection and robust risk management.

Currently headquartered in Sydney, with offices in London, Singapore, Brisbane and Melbourne, LCM listed on AIM in December 2018, trading under the ticker LIT.

www.lcmfinance.com

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1.	Details of the Person discharging managerial responsibilities ("PDMR") / person closely associated with them ("PCA")
a)	Name	Jonathan Moulds
2.	Reason for the notification
a)	Position / status	Chairman
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Litigation Capital Management Limited
b)	Legal Entity Identifier	213800J2B5SI8F515244
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument	Ordinary Shares
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 103.87  pence 100,000
d)	Aggregated information - Aggregated volume - Aggregated price - Aggregated total	N/A - single transaction
e)	Date of the transaction	03 May 2022  (UK)
f)	Place of the transaction	London Stock Exchange, AIM

 

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