Litigation Capital Manag... Share Discussion Threads

[johnwig] 01/2/2022 13:23

Another Director buy! This time the CFO.

[tradertrev] 20/1/2022 18:11

. Sorry, wrong board

[greenknight1] 20/1/2022 12:42

Yes interims expected mid March. We already know revenues for the period will be up well over 160% due to one large case resolution which will look great on the bottom line. We must also be close to a second close of Fund II which will be great news. I am continuing to add here and am grateful the market has not recognised this opportunity yet!!

[dagoberia] 20/1/2022 11:14

Hi all, i guess the next interim results will be mid march? Not sure if we ll get a trading update before that i guess not

[scubadiverr] 19/1/2022 18:35

Not the best indicator. Look at thier call history on LIT. You'd have lost money had you done what they said. AND that's when you pay to get an alert as soon as the criteria was met.

[makinbuks] 13/1/2022 10:59

They may have no defence and possibly no insurance either. Wouldn't deliberate dishonest acts invalidate a PI policy?

[hpcg] 11/1/2022 11:31

I would describe that as getting their cooperation in early. Internally they must know they have no defence, so they are doing their best to keep the fines down.

[williamcooper104] 10/1/2022 22:39

While that's not directly related to the admin litigation it really can't help KPMG and their insurers will doubtlessly be thinking of what they can settle it for While it's only for £250m as that figure relates to the dividends that were illegally paid I think it's likely that if any damages are awarded by a court then it's for the full £250m (or close to)

[greenknight1] 04/1/2022 16:00

Holdings RNS - Collins increasing

[someuwin] 30/12/2021 13:42

Bought more today

[greenknight1] 30/12/2021 12:57

Agreed!! So pleased I added in the 80s

[74tom] 30/12/2021 11:54

That really is a cracking buy, it's almost as if JM was waiting for the removal of NRD before committing significant capital... If that's a reflection of wider market sentiment towards the departed individual then we could be on the cusp of a long overdue & significant re-rate.

[sambessey] 30/12/2021 08:40

Quality company this. Excellent to see the execs doing this. Glad I bought a chunk on the fall

[greenknight1] 29/12/2021 19:35

Definitely shows confidence that they don't think firing NRD as a negative!

[adamb1978] 29/12/2021 19:29

Chunky purchase by Moulds...

[bigbigdave] 29/12/2021 16:38

Yes, The Directors

29 December 2021

Litigation Capital Management Limited

("LCM" or the "Company")

Director / PDMR Shareholding

Litigation Capital Management Limited (AIM:LIT), a leading international alternate asset manager of disputes financing solutions, announces that on 24 December 2021 Jonathan Moulds, Chairman of the Company, purchased 725,000 ordinary shares in the capital of the Company ("Ordinary Shares") at a price of 89.2 pence per Ordinary Share.

In addition, on 21 December 2021 Patrick Moloney, Chief Executive Officer of the Company, purchased 50,000 Ordinary Shares. The purchase price was 91.6 pence per Ordinary Share. Mr Moloney purchased the Ordinary Shares though a wholly owned corporate entity, ATE Holdings PTY Limited.

Following the above purchases, Mr Moulds has an interest in 975,000 Ordinary Shares, which represents 0.82 per cent. of the issued share capital, and Mr Moloney has an interest in 10,203,258 Ordinary Shares, which represents 8.56 per cent. of the issued share capital.

[greenknight1] 29/12/2021 15:28

Nice buying today. Someone is building a position.

[bigbaggy] 29/12/2021 07:35

Thanks Greenknight. IMHO, based on what has been disclosed, that seems at least the morally correct outcome (although I am sure NRD’s lawyers will not let this go lightly). He is a lawyer and Officer of the Court and was a Director of a UK Listed company, therefore his actions must at all times be beyond reproach, in my view. It worries me that he was presented as a really important hire for the company (plus his London team). NRD has appeared at many investor presentations over the last 3 years since IPO. We need to be reassured that the CEO )who has only very recently come to work in the UK, can pick up the pieces. From what I have watched I like the CEO and the new CFO but it was, as I understand it, NRD leading the major new investments outside Australia including the large Corporate Portfolio cases. More info from the continuing management please!

[greenknight1] 28/12/2021 20:12

Confirmation that performance shares for NRD did not vest. Good news!

[greenknight1] 28/12/2021 20:11

For those that may have missed it - https://www.proactiveinvestors.co.uk/companies/amp/news/970093

[punter_666] 21/12/2021 23:30

@Jackson83, If I offer to buy all your shares will you go away and stop spamming this chat? Or are you attempting to downramp in the hope of buying more for yourself on the cheap?

[professor x] 20/12/2021 23:03

HPCG/John, thank you for your replies. Digging around as much as is possible at this point there are several rumors that he wasn’t rated by many in the industry and his removal will be positive for the company going forward. We shall see!

[jackson83] 20/12/2021 23:03

no new news due ... we are unloved lol

[jackson83] 20/12/2021 23:01

SHARE PRICE HELD UP WELL..
more bad news expected 70p top up