Litigation Cap. Mgmt - Director/PDMR Shareholding

Litigation Capital Management

20/03/2023 07:00

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RNS Number : 4427T  Litigation Capital Management Ltd  20 March 2023

20 March 2023

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
17 March 2023 Jonathan Moulds, Chairman of the Company, purchased 1,675,000
ordinary shares in the capital of the Company ("Ordinary Shares") at a price
of 71.35 pence per Ordinary Share.

In addition, on 17 March 2023 Patrick Moloney, Chief Executive Officer of the
Company, purchased 157,092 ordinary shares in the capital of the Company
("Ordinary Shares") at a price of 71.00 pence per Ordinary Share.

Following the above purchases, Mr Moulds has an interest in 5,250,000 Ordinary
Shares, which represents 4.40 per cent. of the issued share capital of the
Company, and Mr Moloney has an interest in 10,437,100 Ordinary Shares, which
represents 8.76 per cent. of the issued share capital of the Company.

Mr Moulds and Mr Moloney are Person(s) 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

 Tavistock PR                              Tel: 020 7920 3150
 Tim Pearson                               lcm@tavistock.co.uk

 Katie Hopkins

 Simon Hudson

 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., Brisbane and Melbourne, LCM listed on AIM in December 2018, trading
under the ticker LIT.

www.lcmfinance.com (http://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)
                                              71.35 pence   1,675 ,000

 
 d)  Aggregated information

     - Aggregated volume                      N/A - single transaction

     - Aggregated price

     - Aggregated total
 e)  Date of the transaction                  17 March 2023 (UK)
 f)  Place of the transaction                 London Stock Exchange, AIM

 

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

 

N/A - single transaction

e)

Date of the transaction

17 March 2023 (UK)

f)

Place of the transaction

London Stock Exchange, AIM

 

 1.  Details of the Person discharging managerial responsibilities ("PDMR") /
     person closely associated with them ("PCA")
 a)  Name                                     Patrick Moloney
 2.  Reason for the notification
 a)  Position / status                        Chief Executive Officer
 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)
                                              71.00 pence   157,092

 
 d)  Aggregated information

     - Aggregated volume                      N/A - single transaction

     - Aggregated price

     - Aggregated total
 e)  Date of the transaction                  17 March 2023 (UK)
 f)  Place of the transaction                 London Stock Exchange, AIM

 

d)

Aggregated information

- Aggregated volume

- Aggregated price

- Aggregated total

 

N/A - single transaction

e)

Date of the transaction

17 March 2023 (UK)

f)

Place of the transaction

London Stock Exchange, AIM

 

 

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