Notification of transactions by PDMRs

RNS Number : 1044M

Burford Capital Limited

06 May 2020

 

6 May 2020

Notification of transactions by persons discharging managerial responsibilities

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, has been notified of certain share purchases made yesterday by Christopher P. Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer.

Mr Bogart purchased 50,000 ordinary shares of nil par value in Burford ("Ordinary Shares") and Mr Molot purchased 50,000 Ordinary Shares, in each case on the market at a price of 424.7544 pence per share.

As a result of these transactions, Mr Bogart controls a total of 8,960,037 Ordinary Shares in Burford, amounting to 4.09% of the issued share capital and Mr Molot also controls a total of 9,550,000 Ordinary Shares in Burford, amounting to 4.36% of the issued share capital.

The Notification of Dealing Forms for each of the transactions mentioned above are 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

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 London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago, Washington, Singapore and Sydney.

For more information about Burford:  www.burfordcapital.com

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.

1	Details of the person discharging managerial responsibilities/person closely associated
	(a)  Name	Christopher Bogart
2	Reason for the notification
	(a)  Position/status	A PDMR occupying the position of Chief Executive 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	Ordinary shares of nil par value
	Identification code	GG00B4L84979
	(b)  Nature of the transaction	Purchase of ordinary shares
	(c)  Price(s)and volume(s)	Price(s)	Volume(s)
		424.7544p	50,000
	(d)  Aggregated information · Aggregated volume · Price	N/A
	(e)  Date of the transaction	5 May 2020
	(f)  Place of the transaction	London Stock Exchange AIM market

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	Ordinary shares of nil par value
	Identification code	GG00B4L84979
	(b)  Nature of the transaction	Purchase of ordinary shares
	(c)  Price(s)and volume(s)	Price(s)	Volume(s)
		424.7544p	50,000
	(d)  Aggregated information · Aggregated volume · Price	N/A
	(e)  Date of the transaction	5 May 2020
	(f)  Place of the transaction	London Stock Exchange AIM market

 

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