REG - Litigation Cap. Mgmt - Exercise of Awards

Litigation Capital ManagementAnnouncement

Today 11:45

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251013:nRSM1297Da&default-theme=true

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       Cancelled loan shares  Awards vested & exercised      Current shareholding

                  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 (http://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                Vesting and Exercise of options

 c)  Price(s) and volume(s)                   Price(s)  Volume(s)
                                              N/a       152,874

 

 d)  Aggregated information                    N/A single transaction

     - Aggregated volume

     - Aggregated price

     - Aggregated total
 e)  Date of the transaction                  10 October 2025

 f)  Place of the transaction                 Outside a trading venue

 

 

 

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                    N/A single transaction

     - Aggregated volume

     - Aggregated price

     - Aggregated total
 e)  Date of the transaction                  10 October 2025

 f)  Place of the transaction                 Outside a trading venue

 

 

 

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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGPGRWUUPAGUW



            Copyright 2019 Regulatory News Service, all rights reserved