Litigation Cap. Mgmt - Exercise of Awards

Litigation Capital Management

13/10/2025 11:39

RNS Number : 1297D

Litigation Capital Management Ltd

13 October 2025

 

13 October 2025

Litigation Capital Management Limited

("LCM" or the "Company")

 

Exercise of Awards

 

Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, announces that nil-cost option awards over the Company's ordinary shares of no par value ("Ordinary Shares") which were granted on 4 October 2022, 4 October 2023 and 4 October 2024 under the terms of the Company's Deferred Bonus Share Plan ("DBSP") have been satisfied by the Employee Benefit Trust and vested to Chief Executive Officer, Patrick Moloney on 10 October 2025.  All of the options being exercised relate to historic awards and no new awards have been granted to any LCM staff in relation to the most recent financial year.

 

The following table details the quantum of options exercised which have been satisfied through the EBT:

 

Employee
Position
Incentive Scheme
Awards vested & exercised
Patrick Moloney
CEO / PDMR
DBSP
152,874
Non-PDMR Employees
Various /Non-PDMR
DBSP
292,593

 

Following the vesting on 4 October 2025 and exercise on 10 October 2025, Mr Moloney's holding are detailed in the below table:

 

Name
Previous
shareholding
Cancelled loan shares
Awards vested & exercised
Current shareholding
Patrick Moloney
10,544,640
(388,800)
152,874
10,308,714

 

 

Employee Benefit Trust ('EBT')

 

The Company has an EBT. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. Following the exercise of the options detailed above, the EBT of the Company currently holds 3,824,841 Ordinary Shares, representing 3.35 per cent. of the Company's total voting rights.

 

Following these transactions, Mr Moloney has a beneficial interest in 10,308,714 Ordinary Shares representing 9.02 per cent. of the Company's issued share capital.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further details.

Enquiries

 

Litigation Capital Management
Patrick Moloney, Chief Executive Officer
David Collins, Chief Financial Officer
Cavendish (Nomad and Joint Broker)
Tel: 020 7220 0500
Jonny Franklin-Adams and Isaac Hooper (Corporate Finance)
Tim Redfern (Corporate Broking)


 

NOTES TO EDITORS

Litigation Capital Management (LCM) is an alternative 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 income 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

 

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
Options over Ordinary Shares
b)
Nature of the transaction
Vestingand Exercise of options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/a
152,874
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
N/A single transaction
e)
Date of the transaction
10 October 2025
f)
Place of the transaction
Outside a trading venue


 

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
Loan over Ordinary Shares
b)
Nature of the transaction
Cancelled loan shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
N/a
(388,800)
d)
Aggregated information
- Aggregated volume
- Aggregated price
- Aggregated total
N/A single transaction
e)
Date of the transaction
10 October 2025
f)
Place of the transaction
Outside a trading venue

 

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