REG - Litigation Cap. Mgmt - Covenant Waiver Extension

Litigation Capital ManagementAnnouncement

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RNS Number : 5557A  Litigation Capital Management Ltd  15 April 2026

15 April 2026

Litigation Capital Management Limited

("LCM" or the "Company")

Covenant Waiver Extension

 

Litigation Capital Management Limited ("LCM"), an alternative asset manager
specialising in dispute financing solutions internationally, announces that
the debt covenant waiver from Northleaf that was due to expire on 15 April
2026 has been extended to 30 May 2026.  During the extended waiver period the
interest on the loan remains increased by 2.00% per annum consistent with the
initial waiver. There is no additional one-time waiver fee in relation to this
extension.

The Strategic Review that was first announced on 15 September 2025 continues
to progress and this waiver extension is reflective of Northleaf's ongoing
support while LCM works towards a long-term resolution of its capital
position. LCM management will provide an update on the progress of the
Strategic Review in due course.

 

 

Enquiries

 Litigation Capital Management
 Patrick Moloney, Chief Executive Officer

 David Collins, Chief Financial Officer

 Cavendish (Nomad and Broker)                               Tel: 020 7220 0500
 Jonny Franklin-Adams and Isaac Hooper (Corporate Finance)

 Ella Bedford (Corporate Broking)

 

www.lcmfinance.com (http://www.lcmfinance.com)

 

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