Transaction in Own Shares

Burford Capital Limited
22 September 2023
 

22 September 2023

 

 

TRANSACTION IN OWN SHARES

 

Burford Capital Limited (the "Company"), the leading global finance and asset management firm focused on law, today announces that, in accordance with the terms of its programme announced on September 19, 2023 to purchase its ordinary shares, no par value per share ("Ordinary Shares") up to a maximum aggregate amount of £4.0 million (the "Programme") in connection with forthcoming vesting of restricted stock units under the Burford Capital 2016 Long Term Incentive Plan, the Company purchased the following number of Ordinary Shares through Numis Securities Limited ("Numis").

 

Date of purchase:

September 21, 2023

Aggregate number of Ordinary Shares purchased:

64,540

Lowest price paid per Ordinary Share (GBp):

1162.00

Highest price paid per Ordinary Share (GBp):

1190.00

Volume weighted average price paid per Ordinary Share (GBp):

1173.0140

 

Ordinary Shares purchased pursuant to the Programme will be initially held by the Company in treasury. Following the purchase and settlement of these Ordinary Shares, the Company's issued ordinary share capital is 219,049,877, of which 219,487 Ordinary Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 218,830,390 after giving effect to the purchases described above. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information with respect to the individual trades made by Numis as part of the Programme.

 

Individual trades information:

 

Number of Ordinary Shares purchased

Transaction price (pence per Ordinary Share)

Time of transaction

Trading venue

352

1180.00

09:02:06

AIMX

381

1182.00

09:14:55

AIMX

373

1182.00

09:14:55

AIMX

382

1182.00

09:14:55

AIMX

372

1175.00

10:29:59

AIMX

200

1176.00

11:59:46

AIMX

156

1176.00

11:59:46

AIMX

408

1176.00

11:59:46

AIMX

1

1182.00

12:00:28

AIMX

300

1184.00

12:02:03

AIMX

400

1184.00

12:02:03

AIMX

854

1184.00

12:02:03

AIMX

200

1186.00

12:02:30

AIMX

198

1186.00

12:02:30

AIMX

154

1189.00

12:07:27

AIMX

182

1189.00

12:07:27

AIMX

100

1186.00

12:07:31

AIMX

87

1190.00

12:09:32

AIMX

100

1190.00

12:09:32

AIMX

666

1190.00

12:09:39

AIMX

344

1189.00

12:12:58

AIMX

58

1186.00

12:13:40

AIMX

300

1186.00

12:13:40

AIMX

40

1186.00

12:13:40

AIMX

341

1185.00

12:14:14

AIMX

363

1180.00

12:55:53

AIMX

12

1179.00

12:57:43

AIMX

116

1178.00

12:58:28

AIMX

331

1181.00

13:07:28

AIMX

390

1181.00

13:14:28

AIMX

53

1179.00

13:21:47

AIMX

278

1179.00

13:21:47

AIMX

367

1178.00

13:21:47

AIMX

371

1176.00

14:08:30

AIMX

426

1176.00

14:09:38

AIMX

355

1176.00

14:17:58

AIMX

471

1175.00

14:17:58

AIMX

374

1176.00

14:18:29

AIMX

115

1178.00

14:23:55

AIMX

115

1178.00

14:23:55

AIMX

1

1178.00

14:23:55

AIMX

142

1178.00

14:30:35

AIMX

131

1178.00

14:30:35

AIMX

263

1178.00

14:30:35

AIMX

68

1178.00

14:30:35

AIMX

53

1178.00

14:30:35

AIMX

73

1178.00

14:30:35

AIMX

60

1178.00

14:30:35

AIMX

100

1178.00

14:30:35

AIMX

39

1178.00

14:30:35

AIMX

150

1177.00

14:30:35

AIMX

350

1177.00

14:30:35

AIMX

70

1178.00

14:30:35

AIMX

82

1176.00

14:30:35

AIMX

136

1176.00

14:30:35

AIMX

121

1176.00

14:30:35

AIMX

201

1176.00

14:30:35

AIMX

100

1176.00

14:30:35

AIMX

71

1176.00

14:30:35

AIMX

91

1169.00

14:31:08

AIMX

100

1169.00

14:31:08

AIMX

174

1169.00

14:31:08

AIMX

100

1177.00

14:32:31

AIMX

274

1177.00

14:32:31

AIMX

296

1176.00

14:32:31

AIMX

200

1176.00

14:33:33

AIMX

154

1176.00

14:33:33

AIMX

254

1174.00

14:33:59

AIMX

100

1174.00

14:33:59

AIMX

55

1174.00

14:33:59

AIMX

125

1172.00

14:33:59

AIMX

150

1172.00

14:33:59

AIMX

52

1172.00

14:33:59

AIMX

9

1172.00

14:33:59

AIMX

289

1172.00

14:33:59

AIMX

102

1175.00

14:38:16

AIMX

54

1175.00

14:38:16

AIMX

150

1175.00

14:38:17

AIMX

38

1175.00

14:38:17

AIMX

24

1175.00

14:38:17

AIMX

288

1175.00

14:38:17

AIMX

88

1175.00

14:39:52

AIMX

369

1175.00

14:39:52

AIMX

156

1174.00

14:39:52

AIMX

81

1174.00

14:39:52

AIMX

39

1174.00

14:39:52

AIMX

38

1174.00

14:39:52

AIMX

100

1172.00

14:42:51

AIMX

308

1172.00

14:42:51

AIMX

74

1172.00

14:47:51

AIMX

1

1172.00

14:47:52

AIMX

1

1172.00

14:51:41

AIMX

397

1172.00

14:52:06

AIMX

327

1172.00

14:52:06

AIMX

406

1172.00

14:52:06

AIMX

345

1170.00

14:52:31

AIMX

175

1176.00

14:55:17

AIMX

343

1176.00

14:55:17

AIMX

178

1176.00

14:55:17

AIMX

5

1175.00

14:55:27

AIMX

49

1175.00

14:55:27

AIMX

123

1175.00

14:55:27

AIMX

24

1175.00

14:55:27

AIMX

162

1175.00

14:55:27

AIMX

41

1172.00

14:55:27

AIMX

297

1172.00

14:55:27

AIMX

402

1170.00

14:57:25

AIMX

150

1169.00

14:57:25

AIMX

100

1169.00

14:57:25

AIMX

10

1169.00

14:57:25

AIMX

50

1169.00

14:57:26

AIMX

76

1169.00

14:57:28

AIMX

431

1167.00

15:05:48

AIMX

399

1167.00

15:05:48

AIMX

230

1166.00

15:05:48

AIMX

33

1167.00

15:05:48

AIMX

33

1167.00

15:05:48

AIMX

112

1167.00

15:05:48

AIMX

33

1167.00

15:05:48

AIMX

47

1167.00

15:05:48

AIMX

31

1163.00

15:05:55

AIMX

35

1163.00

15:05:55

AIMX

92

1163.00

15:05:55

AIMX

90

1163.00

15:05:55

AIMX

47

1163.00

15:05:55

AIMX

74

1164.00

15:05:55

AIMX

135

1164.00

15:05:55

AIMX

65

1163.00

15:08:00

AIMX

30

1163.00

15:08:00

AIMX

300

1163.00

15:08:00

AIMX

9

1163.00

15:08:00

AIMX

103

1163.00

15:08:00

AIMX

38

1163.00

15:08:00

AIMX

200

1162.00

15:08:17

AIMX

150

1162.00

15:08:17

AIMX

83

1173.00

15:12:04

AIMX

100

1172.00

15:12:17

AIMX

256

1172.00

15:12:17

AIMX

100

1173.00

15:12:45

AIMX

200

1173.00

15:12:45

AIMX

44

1173.00

15:12:45

AIMX

41

1172.00

15:12:45

AIMX

275

1172.00

15:14:42

AIMX

86

1172.00

15:14:42

AIMX

374

1172.00

15:14:42

AIMX

110

1171.00

15:14:42

AIMX

49

1171.00

15:14:42

AIMX

100

1171.00

15:14:42

AIMX

44

1171.00

15:14:42

AIMX

88

1171.00

15:14:42

AIMX

64

1171.00

15:20:11

AIMX

592

1171.00

15:20:11

AIMX

6

1171.00

15:20:11

AIMX

137

1171.00

15:20:11

AIMX

38

1171.00

15:20:11

AIMX

104

1171.00

15:20:11

AIMX

85

1171.00

15:20:11

AIMX

34

1171.00

15:20:11

AIMX

102

1171.00

15:20:11

AIMX

137

1171.00

15:20:11

AIMX

104

1171.00

15:20:11

AIMX

28

1171.00

15:20:11

AIMX

100

1172.00

15:23:20

AIMX

50

1172.00

15:23:20

AIMX

200

1172.00

15:23:20

AIMX

38

1172.00

15:23:20

AIMX

100

1172.00

15:24:08

AIMX

210

1172.00

15:24:08

AIMX

38

1172.00

15:24:08

AIMX

114

1172.00

15:25:21

AIMX

272

1172.00

15:25:21

AIMX

165

1172.00

15:25:21

AIMX

150

1172.00

15:25:21

AIMX

8

1172.00

15:25:44

AIMX

62

1172.00

15:25:44

AIMX

100

1172.00

15:26:01

AIMX

100

1172.00

15:26:09

AIMX

100

1172.00

15:26:22

AIMX

50

1172.00

15:26:22

AIMX

28

1172.00

15:26:22

AIMX

144

1171.00

15:29:27

AIMX

116

1171.00

15:29:27

AIMX

86

1171.00

15:29:27

AIMX

50

1170.00

15:29:27

AIMX

67

1171.00

15:34:42

AIMX

34

1171.00

15:34:42

AIMX

33

1171.00

15:34:42

AIMX

33

1171.00

15:34:42

AIMX

39

1170.00

15:34:42

AIMX

106

1170.00

15:34:42

AIMX

67

1170.00

15:34:42

AIMX

106

1170.00

15:34:59

AIMX

101

1171.00

15:39:32

AIMX

249

1171.00

15:39:32

AIMX

150

1171.00

15:39:32

AIMX

399

1171.00

15:39:32

AIMX

101

1171.00

15:39:32

AIMX

210

1171.00

15:39:32

AIMX

100

1171.00

15:39:32

AIMX

100

1171.00

15:39:32

AIMX

50

1171.00

15:39:32

AIMX

100

1172.00

15:39:35

AIMX

121

1172.00

15:39:38

AIMX

800

1172.00

15:39:38

AIMX

150

1172.00

15:40:00

AIMX

539

1172.00

15:40:00

AIMX

833

1172.00

15:40:00

AIMX

61

1170.00

15:40:01

AIMX

59

1170.00

15:40:01

AIMX

230

1170.00

15:40:01

AIMX

200

1172.00

15:42:18

AIMX

150

1172.00

15:42:18

AIMX

280

1172.00

15:44:11

AIMX

201

1172.00

15:44:11

AIMX

199

1172.00

15:44:11

AIMX

50

1172.00

15:44:11

AIMX

50

1172.00

15:44:11

AIMX

100

1172.00

15:44:11

AIMX

129

1172.00

15:46:00

AIMX

47

1172.00

15:46:00

AIMX

205

1172.00

15:46:00

AIMX

47

1172.00

15:46:00

AIMX

48

1172.00

15:46:00

AIMX

118

1172.00

15:47:25

AIMX

26

1172.00

15:47:25

AIMX

497

1172.00

15:47:25

AIMX

300

1172.00

15:47:25

AIMX

66

1172.00

15:47:25

AIMX

71

1172.00

15:47:25

AIMX

260

1172.00

15:47:25

AIMX

47

1169.00

15:58:19

AIMX

243

1169.00

15:58:44

AIMX

205

1170.00

15:58:49

AIMX

5545

1170.00

15:58:49

AIMX

253

1169.00

15:58:49

AIMX

44

1169.00

15:58:49

AIMX

167

1169.00

15:58:49

AIMX

67

1169.00

15:58:49

AIMX

112

1169.00

15:58:49

AIMX

260

1170.00

15:58:49

AIMX

401

1169.00

15:59:50

AIMX

133

1168.00

16:04:41

AIMX

403

1168.00

16:04:41

AIMX

370

1168.00

16:04:41

AIMX

213

1168.00

16:09:32

AIMX

213

1168.00

16:09:32

AIMX

432

1169.00

16:09:32

AIMX

3669

1169.00

16:09:32

AIMX

39

1169.00

16:09:39

AIMX

49

1169.00

16:09:39

AIMX

39

1169.00

16:09:39

AIMX

67

1169.00

16:09:39

AIMX

39

1169.00

16:09:39

AIMX

246

1169.00

16:09:39

AIMX

1

1169.00

16:12:40

AIMX

27

1169.00

16:12:40

AIMX

200

1169.00

16:12:40

AIMX

150

1169.00

16:12:40

AIMX

74

1169.00

16:12:40

AIMX

76

1169.00

16:12:40

AIMX

100

1169.00

16:13:23

AIMX

50

1169.00

16:13:23

AIMX

200

1169.00

16:13:44

AIMX

150

1169.00

16:13:44

AIMX

103

1169.00

16:13:44

AIMX

55

1169.00

16:13:44

AIMX

100

1169.00

16:13:44

AIMX

70

1169.00

16:13:44

AIMX

100

1169.00

16:14:10

AIMX

50

1169.00

16:14:10

AIMX

96

1169.00

16:14:10

AIMX

4

1169.00

16:14:10

AIMX

100

1169.00

16:14:10

AIMX

2500

1171.00

16:17:28

AIMX

488

1171.00

16:17:28

AIMX

67

1171.00

16:17:29

AIMX

388

1171.00

16:17:30

AIMX

400

1171.00

16:17:30

AIMX

465

1171.00

16:17:30

AIMX

450

1171.00

16:17:30

AIMX

148

1171.00

16:17:31

AIMX

71

1171.00

16:17:31

AIMX

87

1171.00

16:17:31

AIMX

100

1172.00

16:18:36

AIMX

100

1172.00

16:18:36

AIMX

100

1172.00

16:18:36

AIMX

20

1172.00

16:18:36

AIMX

100

1173.00

16:18:41

AIMX

100

1173.00

16:18:41

AIMX

100

1173.00

16:18:41

AIMX

50

1173.00

16:18:41

AIMX

798

1173.00

16:18:41

AIMX

100

1173.00

16:18:41

AIMX

137

1173.00

16:18:41

AIMX

178

1173.00

16:18:41

AIMX

50

1173.00

16:18:41

AIMX

50

1173.00

16:18:41

AIMX

31

1173.00

16:19:18

AIMX

200

1173.00

16:19:18

AIMX

594

1173.00

16:19:18

AIMX

65

1173.00

16:19:18

AIMX

135

1173.00

16:19:18

AIMX

100

1173.00

16:19:18

AIMX

67

1173.00

16:19:18

AIMX

48

1173.00

16:19:18

AIMX

100

1173.00

16:19:18

AIMX

150

1173.00

16:19:18

AIMX

85

1173.00

16:19:18

AIMX

29

1173.00

16:19:43

AIMX

66

1173.00

16:19:43

AIMX

362

1174.00

16:20:15

AIMX

49

1174.00

16:20:15

AIMX

25

1174.00

16:20:15

AIMX

100

1174.00

16:20:15

AIMX

50

1174.00

16:20:15

AIMX

100

1174.00

16:20:15

AIMX

50

1174.00

16:20:15

AIMX

28

1174.00

16:20:15

AIMX

122

1174.00

16:20:40

AIMX

50

1174.00

16:20:40

AIMX

200

1174.00

16:20:40

AIMX

97

1174.00

16:20:40

AIMX

45

1175.00

16:20:40

AIMX

451

1174.00

16:21:01

AIMX

100

1173.00

16:21:01

AIMX

35

1173.00

16:24:40

AIMX

212

1174.00

16:24:40

AIMX

62

1174.00

16:24:40

AIMX

300

1174.00

16:24:40

AIMX

100

1174.00

16:24:40

AIMX

82

1174.00

16:24:40

AIMX

94

1174.00

16:24:40

AIMX

38

1174.00

16:24:40

AIMX

95

1174.00

16:24:40

AIMX

55

1174.00

16:24:40

AIMX

124

1174.00

16:24:40

AIMX

76

1174.00

16:24:40

AIMX

100

1174.00

16:24:40

AIMX

107

1174.00

16:24:40

AIMX

 

 

For further information, please contact:

 

Burford Capital Limited


For investor and analyst inquiries:


Robert Bailhache, Head of Investor Relations, EMEA and Asia - email

+44 (0)20 3530 2023

Jim Ballan, Head of Investor Relations, Americas - email

+1 (646) 793 9176

For press inquiries:


David Helfenbein, Vice President, Public Relations - email

+1 (212) 235 6824



Numis Securities Limited - NOMAD and Joint Broker

+44 (0)20 7260 1000

Giles Rolls


Charlie Farquhar




Jefferies International Limited - Joint Broker

+44 (0)20 7029 8000

Graham Davidson


Tony White




Berenberg - Joint Broker

+44 (0)20 3207 7800

Toby Flaux


James Thompson


Yasmina Benchekroun


 

 


 

About Burford Capital

Burford Capital is the leading global finance and asset 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 New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and it works with companies and law firms around the world from its offices in New York, London, Chicago, Washington, DC, Singapore, Dubai, Sydney and Hong Kong.

 

For more information, please visit www.burfordcapital.com.

 

 

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

 

This announcement does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this announcement is for informational purposes only. Past performance is not indicative of future results. The information contained in this announcement 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 any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents.

 

Forward-looking statements

This announcement contains "forward-looking statements" within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, regarding assumptions, expectations, projections, intentions and beliefs about future events. These statements are intended as "forward-looking statements". In some cases, predictive, future-tense or forward-looking words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will" or the negative of such terms or other comparable terminology are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. In addition, Burford and its representatives may from time to time make other oral or written statements that are forward-looking, including in its periodic reports that Burford files with, or furnishes to, the US Securities and Exchange Commission, other information made available to Burford's security holders and other written materials. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Burford cautions that forward-looking statements are not guarantees of future performance and are based on numerous assumptions, expectations, projections, intentions and beliefs and that Burford's actual results of operations, including its financial position and liquidity, and the development of the industry in which it operates, may differ materially from (and be more negative than) those made in, or suggested by, the forward-looking statements contained in this announcement. Significant factors that may cause actual results to differ from those Burford expects include, among others, those discussed under "Risk Factors" in Burford's annual report on Form 20-F for the year ended December 31, 2022 filed with the US Securities and Exchange Commission on May 16, 2023 and other reports or documents that Burford files with, or furnishes to, the US Securities and Exchange Commission from time to time. In addition, even if Burford's results of operations, including its financial position and liquidity, and the development of the industry in which it operates are consistent with the forward-looking statements contained in this announcement, those results of operations or developments may not be indicative of results of operations or developments in subsequent periods.

 

Except as required by law, Burford undertakes no obligation to update or revise the forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise.

 

 

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