Business Daily.
.
Business Mentor
A+ R A-

Juridica Declares Additional 4p per Share Dividend

E-mail Print PDF

LONDON, October 30, 2013 /PRNewswire/ --

Juridica Investments Limited

('Juridica' or the 'Company')

Dividend declaration

Juridica, a leading provider of strategic capital for corporate legal claims to both businesses and the legal markets, is pleased to announce that following further progress in its maturing portfolio, the Board has approved a supplementary dividend of 4 pence per share. This will be paid in addition to the 10 pence per share announced on 4 July 2013. Accordingly a total of 14 pence per share will be paid on 15 January 2014 to shareholders on the Register at 13 December 2013.

During 2013 the Company has paid or announced a total of 27 pence per share in dividends following continued success in its maturing portfolio of investments. Gross proceeds achieved during 2013 total US$30 million.

Lord Brennan, Juridica's Chairman, said: "We are pleased to be able to confirm the payment of additional dividends, which we raised to investors as a prospect earlier in the year. The continued progress and maturity of our portfolio underlines our conviction that we will be able to announce further dividend income to investors next year."

This document contains forward looking statements, which are based on Juridica Capital Management Limited's (JCML) current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a number of variables which could cause actual results or trends to differ materially. Each forward looking statement speaks only as of the date of this announcement. Except as required by the AIM Rules, the London Stock Exchange or otherwise by law, the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward looking statements contained herein to reflect any change in the Company's or JCML's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

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

For further information contact:

Juridica Capital Management LimitedRichard W. Fields+1(866)443-1080

Cenkos Securities PLC(Nominated Adviser and Broker)Nicholas WellsCamilla 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

SOURCE Juridica Investments Limited

Business Daily Media