Last checked at 29 Sep 2022 09:30
29 September 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 28 September 2022 Jonathan Moulds, Chairman of the Company, purchased 100,000 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 72.72 pence per Ordinary Share.
Following the above purchase, Mr Moulds has an interest in 3,200,000 Ordinary Shares, which represents 2.68 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: 020 7523 8000 |
Bobbie Hilliam | |
Investec Bank plc (Joint Broker) | Tel: 020 7597 5970 |
David Anderson | |
| |
Alma PR | Tel: 020 3405 0205 |
Justine James
| LCM@almapr.co.uk |
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) |
| ||||
d) | Aggregated information - Aggregated volume - Aggregated price - Aggregated total |
N/A - single transaction | ||||
e) | Date of the transaction | 28 September 2022 (UK) | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||