Litigation Capital Management Limited
LIT · AIM · Financial Services · mcap £0.4m · 0.4p
| Date | Type | Announcement | Day |
|---|---|---|---|
| 08 Oct 26 | Judgment Delivered in Insolvency Claim
Australian Court delivered judgment against LCM in insolvency claim funded with A$2.9 million. |
−11.1% | |
| 30 Sep 26 | Results | Final Results
Full year loss of A$165.7m driven by investment underperformance; company moves into orderly run-off. |
−60.7% |
| 01 Sep 26 | Covenant Waiver Extension
Debt covenant waiver from Northleaf extended to 30 September 2026 with increased interest at 2.00% per annum. |
+8.2% | |
| 31 Jul 26 | Covenant Waiver Extension
Debt covenant waiver extended to 31 August 2026 with interest increased by 2% per annum. |
−15.4% | |
| 03 Jul 26 | Permission to Appeal Competition Claim Rejected
Funded party denied permission to appeal competition claim; £0.8m investment write-off. |
−16.3% | |
| 30 Jun 26 | Covenant Waiver Extension
Debt covenant waiver extended to 31 July 2026 with interest increased by 2.00% per annum. |
−6.4% | |
| 01 Jun 26 | Update on Covenant Waiver, Case & Strategic Review
Debt covenant waiver extended to 30 June 2026; material write-downs expected on two case investments totalling A$9m. |
−18.7% | |
| 15 Apr 26 | Covenant Waiver Extension
Debt covenant waiver extended to 30 May 2026 as strategic review continues. |
+1.2% | |
| 31 Mar 26 | Results | Half-year Results
LCM posted $107.8m loss in H1 FY26 after large case losses; Strategic Review underway to restore balance sheet. |
−27.9% |
| 25 Mar 26 | Notice of H1 Results, Trading update and IMC
H1 2025 results announcement scheduled for 31 March 2026 with live investor presentation. |
−4.2% | |
| 17 Mar 26 | Judgment Delivered in Commercial Litigation Claim
Australian Court delivered judgment against LCM's funded party in commercial litigation claim. |
−6.5% | |
| 11 Mar 26 | Update on Case Investment and Strategic Review
High Court of Australia ruled in favour of funded trademark dispute claim; damages now to be quantified. |
+7.1% | |
| 02 Mar 26 | Covenant Waiver Extension
Debt covenant waiver extended to 15 April 2026 at elevated interest rate of 2% per annum. |
+0.0% | |
| 02 Feb 26 | Increase in Credit Facility and Waiver Extension
Credit facility increased to US$100m and debt covenant waiver extended to 1 March 2026. |
−3.6% | |
| 12 Jan 26 | Positive development on case
Singapore court rejected Poland's set-aside application on £252m arbitration award. |
−2.8% | |
| 30 Dec 25 | Covenant Waiver Extension
Debt covenant waiver extended to 31 January 2026; interest remains increased by 2.00% per annum. |
−1.4% | |
| 24 Dec 25 | Adverse Costs Order in Class Action Investment
Federal Court quantified adverse costs in failed class action at A$32.4m; LCM exposed to A$12.9m after insurance. |
−14.6% | |
| 27 Nov 25 | Result of AGM
Litigation Capital Management Limited (AIM:LIT), a leading international alternative asset manager of disputes financing solutions, is pleased to announce that, at the Annual General Meeting held in Australia, all resolu |
−0.9% | |
| 26 Nov 25 | Strategic Review Update
Strategic review progressing with potential transaction as alternative to run-off model. |
−4.1% | |
| 19 Nov 25 | Routine | Posting of Annual Report and Accounts | |
| 04 Nov 25 | Routine | Notice of AGM | |
| 21 Oct 25 | Postponement of Annual General Meeting
Annual General Meeting postponed from 27 October to 27 November 2025 to progress Strategic Review. |
−7.9% | |
| 13 Oct 25 | Routine | Exercise of Awards | |
| 06 Oct 25 | Update on Commercial Arbitration Loss
Permission to appeal commercial arbitration loss rejected; £1.4m investment written off. |
−3.6% |
Company filings. Not investment advice.