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An update from Litigation Capital Management Limited ( (GB:LIT) ) is now available.
Litigation Capital Management Limited announced the resignation of Gerhard Seebacher from his role as a Non-Executive Director due to his new appointment at Jain Global, a global hedge fund. The company’s Nominations Committee is in the process of selecting a suitable replacement, expected to be announced in the first quarter of 2025. The departure is seen as amicable, with both Seebacher and the company expressing mutual respect and well wishes, indicating a continued strong foundation for LCM’s future growth.
More about Litigation Capital Management Limited
Litigation Capital Management Limited (LCM) is an international alternative asset manager specializing in disputes financing solutions. The company operates with two business models: direct investments from LCM’s balance sheet and third-party fund management, pursuing investment strategies like single-case funding, portfolio funding, and acquisitions of claims. LCM, known for its disciplined project selection and risk management, is headquartered in Sydney with offices in London, Singapore, Brisbane, and Melbourne, and is listed on AIM under the ticker LIT.
YTD Price Performance: 2.28%
Average Trading Volume: 199,691
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £114.3M
Learn more about LIT stock on TipRanks’ Stock Analysis page.
