Notification of transactions by PDMRs

RNS Number : 8272X

Burford Capital Limited

23 December 2019

 

23 December 2019

Notification of transaction by person discharging managerial responsibilities

Burford Capital Finance LLC (the "Company"), an indirect wholly-owned subsidiary of Burford

Capital Limited ("Burford"), announces that it has been notified of certain transfers of the Company's bonds by Hugh Steven Wilson, Burford's Deputy Chairman. 

Mr. Wilson can confirm that on 19 December 2019 he transferred 2,800 previously acquired 6.125% US Dollar denominated bonds due 12 August 2025 (and issued by the Company) between two beneficially owned personal retirement accounts.

The Notification of Dealing Form for the transaction mentioned above is included at the end of this announcement.

For further information, please contact:

Burford Capital Limited

Jim Kilman, Chief Financial Officer                                                    [phone]

Robert Bailhache, Head of Investor Relations - email                           [phone]

Macquarie Capital (Europe) Limited - NOMAD and Joint Broker [phone]  

Jonny Allison      Alex Reynolds

Jefferies International Limited - Joint Broker                                 [phone]

Graham Davidson           Tony White

Numis Securities Limited - Joint Broker                                          [phone]           

Charlie Farquhar                                                                                

Jonathan Abbott

About Burford Capital Finance LLC 

Burford Capital Finance LLC is a special purpose financing vehicle created to issue Burford's 2018 US Dollar denominated retail bonds and an indirect wholly‐owned subsidiary of Burford Capital Limited. About Burford Capital

Burford Capital is the leading global finance and investment management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago, Washington DC, Singapore and Sydney.

For more information about Burford: www.burfordcapital.com

1	Details of the person discharging managerial responsibilities/person closely associated   (a)    Name                                    Hugh Steven Wilson
2	Reason for the notification   (a)    Position/status	A PDMR occupying the position of Deputy Chairman of Burford Capital Limited
	(b) Initial notification /Amendment	Initial
3	Details of the issuer, emission	allowance market participant, auction platform,
	auctioneer or auction monitor   (a)    Name	Burford Capital Finance LLC
	(b) LEI	549300L30WEIAK4ZUX81
4	Details of the transaction(s): sec	tion to be repeated for (i) each type of instrument;
	(ii) each type of transaction; (iii	each date; and (iv) each place where transactions
	have been conducted (a)    Description of the financial instrument, type of instrument	6.125 per cent. US Dollar denominated bonds due 2025 at 100 per cent. of their principal amount  (the "Bonds")
	Identification code	XS1756325228
	(b) Nature of the transaction	Transfer of the Bonds between two beneficially owned personal retirement accounts
	(c)    Price(s)and volume(s)	Price(s)                          Volume(s)   N/A                               2,800
	(d) Aggregated information •     Aggregated volume •     Price	N/A
	(e)    Date of the transaction	19 December 2019
	(f)    Place of the transaction	Outside of a trading venue

This release does not constitute an offer of any Burford fund.  Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission.  The information provided herein is for informational purposes only.  Past performance is not indicative of future results.  The information contained herein is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including, without limitation, interests or shares in the funds).  Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.

 

END

 

 

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