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| Date | 17 Sept 2024 |
| Time | 18:05:00 |
| Category | Capital structure |
| ID | 5878E |
17 September 2024
Litigation Capital Management Limited
("LCM" or the "Company")
Dividend Date
Litigation Capital Management Limited is clarifying today's dividend declaration in its full year results, correctly stated in the 2024 Annual Report and Accounts but misstated in the 'Full year audited results for the year ended 30 June 2024' RNS.
The Board has declared a final dividend of 1.25p per share for the financial year ending 30 June 2024 (FY23: 2.25p). The dividend will be paid on 25 October 2024 to shareholders on the register on 4 October 2024, being the record date. The ordinary shares will be marked ex-dividend on 3 October 2024.
Enquiries
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Litigation Capital Management |
c/o Tavistock |
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Patrick Moloney, Chief Executive Officer David Collins, Chief Financial Officer |
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Canaccord (Nomad and Joint Broker) |
Tel: 020 7523 8000 |
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Bobbie Hilliam Andrew Potts |
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Investec Bank plc (Joint Broker) |
Tel: 020 7597 5970 |
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David Anderson |
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Tavistock (PR and IR) |
Tel: 020 7920 3150 |
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Simon Hudson Katie Hopkins |
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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.