REG - Litigation Cap. Mgmt - Notice of Dividend Currency Exchange Rate

Litigation Capital ManagementAnnouncement

02/12/2019 07:05

RNS Number : 2891V
Litigation Capital Management Ltd
02 December 2019
 


2 December 2019
 
Litigation Capital Management Limited
("LCM" or the "Company")
 
Notice of Dividend Currency Exchange Rate - 2019 Final Dividend
 
On 10 September 2019, Litigation Capital Management Limited (AIM:LIT) announced a final dividend of 0.828 cents (Australian) per share ("Final 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 Final Dividend in GBP:
 




Final Dividend declared


Exchange rate (AUD/GBP)


Dividend to be paid for shareholders receiving dividends in GBP
 




0.828 cents (Australian) per share


0.5250


0.4347 pence per share




 
 
The dividend will be paid on 11 December 2019 to shareholders who were on the register at the close of business on 14 November 2019.
 




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




Chris Treneman, David Anderson


 




Neil Coleman


 




 


 




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
 
 




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