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Pin to quick picksLitigation Cap. Regulatory News (LIT)

Share Price Information for Litigation Cap. (LIT)

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Share Price: 112.50
Bid: 111.50
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Change: 4.00 (3.69%)
Spread: 0.50 (0.448%)
Open: 106.00
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Low: 106.00
Prev. Close: 108.50
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Result of AGM

21 Nov 2019 08:25

RNS Number : 1938U
Litigation Capital Management Ltd
21 November 2019
 

21 November 2019

Litigation Capital Management Limited

("LCM" or the "Company")

 

Result of Annual General Meeting

 

Litigation Capital Management Limited (AIM:LIT), a leading international provider of litigation financing solutions, is pleased to announce that, at the Annual General Meeting held today, all resolutions were duly passed.

 

The Company wishes to highlight that following institutional dialogue, and despite Resolution 10 being approved, the Directors have committed to cap the authorities granted to the Company under Resolution 10 which relates to the disapplication of pre-emptive rights at 10 per cent. of the Company's issued share capital as at the date of the meeting.

 

CONTACTS

 

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

Rebecca Sanders-Hewett

LCM@almapr.co.uk

Justine James

Susie Hudson

Jessica Joynson

 

NOTES TO EDITORS

 

About LCM:

 

Litigation Capital Management ("LCM") is a leading international provider of litigation financing solutions. This includes single-case and portfolios 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 listed on AIM in December 2018, trading under the ticker LIT.

 

www.lcmfinance.com

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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