Notification of transaction

RNS Number : 8738A

Burford Capital

29 March 2017

 

 29 March 2017

Notification of transaction by person discharging managerial responsibilities

Burford Capital Limited ("Burford"), a leading global finance firm focused on law, has been notified that Jonathan Molot, Burford's Chief Investment Officer, transferred 4,000,000 of his ordinary shares in Burford to Jonathan Molot LLC, then on to Jonathan T. Molot 2017 Trust, a family trust for estate planning purposes.

Following these transfers, Mr. Molot's interest in shares in Burford (including shares held by the family trust) remains unchanged at 12,839,394 shares, representing approximately 6.17% of Burford's issued share capital.

The relevant Notification of Dealing Forms are included at the end of this announcement.

These notifications are provided in accordance with the requirements of the Market Abuse Regulation.

For further information, please contact:

Burford Capital Limited	[phone]
Elizabeth O'Connell, CFA, Managing Director

About Burford Capital

Burford Capital is a leading global finance firm focused on law. Burford's businesses include litigation finance and risk management, corporate intelligence and judgment enforcement, and a wide range of law firm financing activities. Burford's equity and debt securities are publicly traded on the London Stock Exchange, and it works with lawyers and clients around the world from its principal offices in New York and London.

For more information about Burford, visit www.burfordcapital.com

Notification of Dealing Forms

1	Details of the person discharging managerial responsibilities/person closely associated
	(a)     Name	Jonathan Molot
2	Reason for the notification
	(a)     Position/status	A PDMR occupying the position of Chief Investment Officer
	(b)    Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	(a)          Name	Burford Capital Limited
	(b)          LEI	549300FUKUWFYJMT2277
4	Details of the transaction(s): section 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 Identification code	Ordinary shares of nil par value GG00B4L84979
	(b)    Nature of the transaction	Gift of shares to Jonathan Molot LLC
	(c)     Price(s)and volume(s)	Price(s) - Zero	Volume(s) - 4,000,000
	(d)    Aggregated information ·     Aggregated volume ·     Price	N/A
	(e)          Date of the transaction	24/03/2017
	(f)           Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
	(a)     Name	Jonathan Molot LLC
2	Reason for the notification
	(a)     Position/status	A person closely associated with Jonathan Molot, a PDMR occupying the position of Chief Investment Officer
	(b)    Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	(a)          Name	Burford Capital Limited
	(b)          LEI	549300FUKUWFYJMT2277
4	Details of the transaction(s): section 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 Identification code	Ordinary shares of nil par value GG00B4L84979
	(b)    Nature of the transaction	Gift of shares from Jonathan Molot
	(c)     Price(s)and volume(s)	Price(s) - Zero	Volume(s) - 4,000,000
	(d)    Aggregated information ·     Aggregated volume ·     Price	N/A
	(e)          Date of the transaction	24/03/2017
	(f)           Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
	(a)     Name	Jonathan Molot
2	Reason for the notification
	(a)     Position/status	A PDMR occupying the position of Chief Investment Officer
	(b)    Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	(a)          Name	Burford Capital Limited
	(b)          LEI	549300FUKUWFYJMT2277
4	Details of the transaction(s): section 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 Identification code	100% interest in Jonathan Molot LLC, whose sole asset is 4,000,000 shares in Burford Capital Limited N/A
	(b)    Nature of the transaction	Transfer of membership interests into Jonathan T. Molot 2017 Trust
	(c)     Price(s)and volume(s)	Price(s) - Zero	Volume(s) - 100% interest
	(d)    Aggregated information ·     Aggregated volume ·     Price	N/A
	(e)          Date of the transaction	27/03/2017
	(f)           Place of the transaction	N/A

1	Details of the person discharging managerial responsibilities/person closely associated
	(a)     Name	Jonathan T. Molot 2017 Trust
2	Reason for the notification
	(a)     Position/status	A person closely associated with Jonathan Molot, a PDMR occupying the position of Chief Investment Officer
	(b)    Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	(a)          Name	Burford Capital Limited
	(b)          LEI	549300FUKUWFYJMT2277
4	Details of the transaction(s): section 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 Identification code	100% interest in Jonathan Molot LLC, whose sole asset is 4,000,000 shares in Burford Capital Limited N/A
	(b)    Nature of the transaction	Transfer of membership interests from Jonathan Molot
	(c)     Price(s)and volume(s)	Price(s) - Zero	Volume(s) - 100% interest
	(d)    Aggregated information ·     Aggregated volume ·     Price	N/A
	(e)          Date of the transaction	27/03/2017
	(f)           Place of the transaction	N/A

 

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