Litigation Capital Management Ltd Appointment of CFO to the Board of Directors

RNS Number : 0567P

Litigation Capital Management Ltd

06 December 2024

 

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:

Current directorships:	Previous directorships held in the past 5 years:
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

Litigation Capital Management	c/o Tavistock PR
Patrick Moloney, Chief Executive Officer David Collins, Chief Financial Officer
Cavendish (Nomad and Joint Broker)	Tel: [phone]
Jonny Franklin-Adams and Rory Sale (Corporate Finance) Tim Redfern and Jamie Anderson (Corporate Broking)
Canaccord Genuity (Joint Broker)	Tel: [phone]
Bobbie Hilliam
Tavistock PR	Tel: [phone]
Katie Hopkins Simon Hudson	[e-mail]

 

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

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