Litigation Capital Management LtdLSE: LIT

Notice of Dividend Currency Exchange Rate

· Issued by Litigation Capital Management Ltd
RNS Number : 2891V
Litigation Capital Management Ltd
02 December 2019
 

2 December 2019

Litigation Capital Management Limited

("LCM" or the "Company")

Notice of Dividend Currency Exchange Rate - 2019 Final Dividend

On 10 September 2019, Litigation Capital Management Limited (AIM:LIT) announced a final dividend of 0.828 cents (Australian) per share ("Final Dividend"). Shareholders on the Australian Register will receive their dividend payment in Australian Dollars ("AUD") and shareholders on the Guernsey Register and Depositary Interest holders will receive their dividend payment in Sterling ("GBP"), except if shareholders on the Guernsey Register elected for the dividend to be paid in AUD by way of the Company's Dividend Currency Election form.

Set out below is the currency exchange rate for shareholders who will receive the Final Dividend in GBP:

Final Dividend declared

Exchange rate (AUD/GBP)

Dividend to be paid for shareholders receiving dividends in GBP

0.828 cents (Australian) per share

0.5250

0.4347 pence per share

The dividend will be paid on 11 December 2019 to shareholders who were on the register at the close of business on 14 November 2019.

Litigation Capital Management

c/o Alma PR 

Patrick Moloney, Chief Executive Officer

Canaccord (Nomad and Joint Broker) 

Tel: 020 7523 8000

Bobbie Hilliam

Investec Bank plc (Joint Broker)

Tel: 020 7597 5970

Chris Treneman, David Anderson

Neil Coleman

Alma PR

Tel: 020 3405 0205

Rebecca Sanders-Hewett

LCM@almapr.co.uk

Justine James

Susie Hudson

Jessica Joynson

NOTES TO EDITORS

About LCM:

Litigation Capital Management ("LCM") is a leading international provider of litigation financing solutions. This includes single-case and portfolios across; class actions, commercial claims, claims arising out of insolvency and international arbitration. LCM has an unparalleled track record, driven by effective project selection, active project management and robust risk management.

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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