Notice of Dividend Currency Exchange Rate

RNS Number : 9065A

Litigation Capital Management Ltd

03 June 2019

 

3 June 2019

Litigation Capital Management Limited

("LCM" or the "Company")

Notice of Dividend Currency Exchange Rate - 2019 Interim Dividend

On 04 March 2019, Litigation Capital Management Limited (AIM:LIT) announced an interim dividend of 0.506 cents (Australian) per share ("Interim Dividend"). Shareholders on the Australian Register will receive their dividend payment in Australian Dollars ("AUD") and shareholders on the Guernsey Register and Depositary Interest holders will receive their dividend payment in Sterling ("GBP"), except if shareholders on the Guernsey Register elected for the dividend to be paid in AUD by way of the Company's Dividend Currency Election form.

Set out below is the currency exchange rate for shareholders who will receive the Interim Dividend in GBP:

Interim Dividend declared	Exchange rate (AUD/GBP)	Dividend to be paid for shareholders receiving dividends in GBP
0.506 cents (Australian) per share	0.54934	0.277966 pence per share

The dividend will be paid on 21 June 2019 to shareholders who were on the register at the close of business on 24 May 2019.

-ENDS-

CONTACTS

Litigation Capital Management

Patrick Moloney, Chief Executive Officer

Nick Rowles-Davies, Executive Director

Stephen Conrad, Chief Financial Officer

Canaccord (Nomad and Broker)               Tel: [phone]

Bobbie Hilliam / Emma Gabriel

Hawthorn Advisors                                     [e-mail]

Lorna Cobbett / Zinka MacHale                Tel: [phone]

NOTES TO EDITORS

About LCM

Litigation Capital Management ("LCM") is a leading international provider of litigation financing solutions. This includes single-case and portfolio across class actions, commercial claims, claims arising out of insolvency and international arbitration. LCM has an unparalleled track record, driven by effective project selection, active project management and robust risk management. Headquartered in Sydney, with offices in London, Singapore, Brisbane and Melbourne, LCM has been listed on AIM since December 2018, trading under the ticker LIT. www.lcmfinance.com

 

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