LionFish brings total capital commitment to £10.5 million
RBG Holdings plc (AIM: RBGP), the professional services group, has released a pre-close trading update ahead of the publication of its financial results for the twelve months ending 31 December 2021 on 29 March 2022. It reports that in 2021 LionFish, its litigation finance subsidiary, completed a further four investments bringing the total investments made by LionFish since its inception in May 2020 to 10, with a total capital commitment of £10.5 million of which £3.6 million has been deployed (as at 31 December 2021). Disposals since inception total £6.4 million.
In 2022, the Group expects to report returns on LionFish’s litigation investments in place of the de-risking of investments that has taken place to date. Read more.