Exhibit 99.2
Emergent Capital Announces $10 million Share and Note Repurchase Program
BOCA RATON, Fla., September 1, 2015 – Emergent Capital, Inc. (NYSE: EMG) today announced that its Board of Directors has authorized the Company to initiate a $10 million share and note repurchase program.
The program, which is effective immediately, has a two-year expiration date, and authorizes the Company to repurchase up to $10 million of its common stock and/or its 8.50% senior unsecured convertible notes due 2019. Repurchases may be effected from time to time through open market purchases, block trades, privately negotiated transactions and/or plans designed to comply with Rule 10b5-1 promulgated under the Securities Exchange Act of 1934, as amended.
About Emergent Capital, Inc.
Emergent Capital (NYSE: EMG) is a specialty finance company that invests in esoteric asset classes, primarily life settlements. More information about Emergent can be found atwww.emergentcapital.com.
Safe Harbor Statement
This press release may contain certain “forward-looking statements” relating to the business of Emergent Capital, Inc. and its subsidiary companies. All statements, other than statements of historical fact included herein are “forward-looking statements.” These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, and involve known and unknown risks and uncertainties. Although Emergent believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Emergent does not assume a duty to update these forward-looking statements.
Company Contact:
David Sasso
Emergent Capital, Inc.
Senior Vice President, Corporate Development & Investor Relations
561.995.4300
IR@emergentcapital.com
www.emergentcapital.com
Media Contacts:
Richard Anderson/Henry Feintuch
Feintuch Communications
718.986-1596 / 212.808.4901
emergentcapital@feintuchpr.com
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