Sale represents 4.6% of present authorised and issued share capital
LitComp, a provider of after-the-event insurance and a national supplier of medico-legal reports and litigation services, announced that Nigel Wray, a major shareholder of Prestbury Investment Holdings, has purchased 235,000 shares at 62p a share.
The sale represents 4.6% of the present authorised and issued share capital.
Wray is also the holder of £1m of the £3,455,000 issued secured 10% convertible 2008 loan notes.
The deal follows the company's final results on 9 July, where LitComp announced a return to profitability, reporting a net profit before tax of £0.83m compared to amended losses for the previous year of £0.58m.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
