Litigation Cap. Mgmt - Statement Regarding Media Speculation

Litigation Capital Management

13/05/2025 14:50

RNS Number : 5046I

Litigation Capital Management Ltd

13 May 2025

 

13 May 2025

Litigation Capital Management Limited

("LCM" or the "Company")

Statement Regarding Media Speculation

 

Litigation Capital Management Limited (AIM:LIT), an alternative asset manager specialising in dispute financing solutions internationally, notes the recent online speculation regarding a potential investigation against the Company by a Dubai legal authority following the publication of a press article earlier today. 

The article states that the original complaint was made in 2022.  The Company confirms that it has not been contacted by any legal authority, either historically or recently, in relation to the allegation.  Furthermore, the Company does not believe any such allegation, were it to be made, would have any merit whatsoever.  The Company is investigating further and will update the market as appropriate.

 

 

Enquiries

Litigation Capital Management
Patrick Moloney, Chief Executive Officer
David Collins, Chief Financial Officer
Cavendish (Nomad and Joint Broker)
Tel: 020 7523 8000
Jonny Franklin-Adams and Rory Sale (Corporate Finance)
Tim Redfern and Jamie Anderson (Corporate Broking)
Canaccord Genuity(Joint Broker)
Tel: 020 7597 5970
Bobbie Hilliam


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 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

 

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