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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 (http://www.lcmfinance.com)
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