JIL Juridica

TIDMJIL

RNS Number : 0494T

Juridica Investments Limited

14 November 2013

Juridica Investments Limited

('Juridica' or the 'Company')

Result of General Meeting

Juridica, a leading provider of strategic capital for corporate legal claims to both businesses and the legal markets, is pleased to announce that at the Extraordinary General Meeting ("EGM") of the Company held on 14 November 2013, 97.84% of the votes cast supported the recommendation put forward by the Board regarding the continuation of the Company.

As a result the special resolution, which proposed the discontinuation of the Company as presently constituted, was not passed at the EGM.

The Board was pleased to note that approximately 72.98% of Juridica's outstanding shares voted at the EGM.

As noted in the Company's circular dated 15 October 2013, the Company has served notice on Juridica Capital Management Limited to terminate the Existing Management Agreement (a term defined in the circular) with effect from 31 December. The new investment management agreement between the Company and Fields Capital Management Limited (as described in the circular) will come into effect on 1 January 2014.

- Ends -

For further information contact:

 
 Juridica Capital Management 
  Limited 
  Richard W. Fields                 +1 (866) 443 1080 
 Cenkos Securities PLC 
  (Nominated Adviser and Broker) 
  Nicholas Wells 
  Camilla Hume                      +44 (0) 20 7397 8900 
 Investec Bank PLC 
  (Joint Broker) 
  Tim Mitchell                      +44 (0)20 7597 4000 
 Peel Hunt LLP 
  (Joint Broker) 
  Guy Wiehahn                       +44 (0)20 7418 8900 
 Bell Pottinger 
  Olly Scott                        +44 (0) 20 7861 3232 
 

About Juridica Investments Limited

Juridica Investments is a leading provider of strategic capital to the business community and the legal markets for corporate claims. It invests directly and indirectly in a diversified portfolio of corporate claims in litigation and arbitration. Juridica is one of the premier sources of value-added and direct financing for large business claims in the United States and one of the leading sources in the United Kingdom.

Our clients are Fortune 1000 companies, FT Global 500 companies, inventors, major universities, and the leading law firms that represent them. The Company only accepts cases that have already been carefully vetted and undertaken by leading lawyers.

Juridica works to make the legal system work better for business claims. It does not invest in speculative claims or claims that do not demonstrate economic value and clear merits. Juridica invests only in business claims, and does not invest in class actions, personal injury, product liability, or mass tort claims.

Our goal is to provide business clients with financial choices that reduce risk and assist in maximising claim value.

Juridica was established on 21 December 2007 as a limited liability, closed-ended investment company registered in Guernsey. It has over US$200 million of assets under management. It was the pioneer in alternative litigation financing and the first closed-end fund of its kind ever listed on AIM, a market operated by the London Stock Exchange (AIM: JIL.L).

The Company has appointed Juridica Capital Management Limited as its exclusive investment manager to locate, evaluate and manage direct and indirect investments in cases, claims and disputes.

http://www.juridicainvestments.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

RAGUSAOROAAAAAA

Juridica (LSE:JIL)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024

Juridica (LSE:JIL)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024