Exercise of Awards
Litigation Capital Management announced the satisfaction of nil-cost option awards granted under the Deferred Bonus Share Plan to CEO Patrick Moloney on October 10, 2025. Mr. Moloney exercised options over 152,874 ordinary shares. Additionally, non-PDMR employees exercised options over 292,593 shares. Simultaneously, 388,800 of Mr. Moloney's loan shares were cancelled. Following these transactions, Mr. Moloney's beneficial interest is now 10,308,714 Ordinary Shares, representing 9.02 per cent of the company's issued share capital. The Employee Benefit Trust currently holds 3,824,841 Ordinary Shares, representing 3.35 per cent of the Company's total voting rights. No new awards were granted in relation to the most recent financial year.
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Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, announces that nil-cost option awards over the Company's ordinary shares of no par value ("Ordinary Shares") which were granted on 4 October 2022, 4 October 2023 and 4 October 2024 under the terms of the Company's Deferred Bonus Share Plan ("DBSP") have been satisfied by the Employee Benefit Trust and vested to Chief Executive Officer, Patrick Moloney on 10 October 2025. All of the options being exercised relate to historic awards and no new awards have been granted to any LCM staff in relation to the most recent financial year.
The following table details the quantum of options exercised which have been satisfied through the EBT:
| Employee | Position | Incentive Scheme | Awards vested & exercised |
|---|---|---|---|
| Patrick Moloney | CEO / PDMR | D BSP | 152,874 |
| Non-PDMR Employees | V arious /Non-PDMR | D BSP | 292,593 |
Following the vesting on 4 October 2025 and exercise on 10 October 2025, Mr Moloney's holding are detailed in the below table:
| Name | Previous shareholding | Cancelled loan shares | Awards vested & exercised | Current shareholding |
|---|---|---|---|---|
| Patrick Moloney | 1 0,544,640 | (388,800) | 152,874 | 1 0,308,714 |
Employee Benefit Trust ('EBT')
The Company has an EBT. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. Following the exercise of the options detailed above, the EBT of the Company currently holds 3,824,841 Ordinary Shares, representing 3.35 per cent. of the Company's total voting rights.
Following these transactions, Mr Moloney has a beneficial interest in 10,308,714 Ordinary Shares representing 9.02 per cent. of the Company's issued share capital.
| a) | Name | Patrick Moloney |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Litigation Capital Management Limited |
| b) | Legal Entity Identifier | 213800J2B5SI8F515244 |
| a) | Description of the financial instrument | Options over Ordinary Shares |
| b) | Nature of the transaction | Vesting and Exercise of options |
| c) | Price(s) and volume(s) | Price(s) Volume(s) N /a 152,874 |
| e) | Date of the transaction | 10 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
| a) | Name | Patrick Moloney |
| 2. | Reason for the notification | |
| a) | Position / status | Chief Executive Officer |
| b) | Initial notification / amendment | Initial notification |
| a) | Name | Litigation Capital Management Limited |
| b) | Legal Entity Identifier | 213800J2B5SI8F515244 |
| a) | Description of the financial instrument | Loan over Ordinary Shares |
| b) | Nature of the transaction | Cancelled loan shares |
| c) | Price(s) and volume(s) | Price(s) Volume(s) N /a (388,800) |
| e) | Date of the transaction | 10 October 2025 |
| f) | Place of the transaction | Outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.