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Litigation Capital Management Limited (LCM) announced the appointment of David Collins, its Chief Financial Officer, to its Board of Directors. This appointment was effective immediately on December 6, 2024. Collins, aged 47, brings more than 20 years' experience and previously held directorships including Greatham Advisors Limited and Howay Investments Ltd within the last five years.
| Date | 6 Dec 2024 |
| Time | 07:00:05 |
| Category | Board changes |
| ID | 0567P |
6 December 2024
Litigation Capital Management Limited
("LCM" or the "Company")
Appointment of Chief Financial Officer to the Board of Directors
Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, is pleased to announce the appointment of David Collins, Chief Financial Officer, to its Board of Directors, effective immediately.
David has brought significant expertise and fresh perspective to LCM during his first five months as CFO, making a positive impact on the company's financial operations and strategic planning. David is a Chartered Accountant and brings more than 20 years' experience in senior finance and capital markets roles across a range of leading institutions including EY, Morgan Stanley, Och-Ziff Capital (now Sculptor Capital) and Prudential plc.
Jonathan Moulds, Chairman of LCM, commented: "David's appointment to the Board reflects our confidence in his capabilities and his contributions to the business in a short period. We look forward to leveraging his experience as we continue to execute on our strategy for growth and value creation."
The following information is disclosed in accordance with Schedule 2(g) of the AIM Rules for Companies:
David Andrew Collins, aged 47, holds/has held the following directorships/partnerships in the last five years:
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Current directorships: |
Previous directorships held in the past 5 years: |
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Greatham Advisors Limited |
Howay Investments Ltd |
Save as set out above there are no further disclosures required pursuant to Rule 17 or Schedule Two, paragraph (g) of the AIM Rules for Companies
Enquiries
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Litigation Capital Management |
c/o Tavistock PR |
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Patrick Moloney, Chief Executive Officer David Collins, Chief Financial Officer |
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Cavendish (Nomad and Joint Broker) |
Tel: 020 7220 0500 |
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Jonny Franklin-Adams and Rory Sale (Corporate Finance) Tim Redfern and Jamie Anderson (Corporate Broking) |
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Canaccord Genuity (Joint Broker) |
Tel: 020 7523 8000 |
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Bobbie Hilliam |
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Tavistock PR |
Tel: 020 7920 3150 |
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Katie Hopkins Simon Hudson |
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.