Result of AGM

RNS Number : 5133G

Burford Capital

12 May 2011

 



12 May 2011

Burford Capital Shareholders Unanimously Approve Dividend Payment

All Other AGM Resolutions Also Approved

Burford Capital Limited, the world's largest commercial dispute financier, is pleased to announce that shareholders unanimously approved its maiden dividend payment of 2.22p per share.  That dividend will be payable on 17 May 2011 to shareholders on the register as at the close of business on 8 April 2011.

All other resolutions presented to yesterday's annual general meeting were also approved.

The votes received are detailed below:

Resolution	Total votes for	Total votes against	Total votes withheld
1.     Re-appointment of Ernst & Young LLP as auditors of the Company from the conclusion of the Annual General Meeting until the conclusion of the next general meeting of the Company at which accounts are laid before the Company	161,815,439 100%	0 0%	0 0%
2.     Authorisation of the directors of the Company to determine the remuneration of the auditors of the Company	161,815,439 100%	0 0%	0 0%
3.     Re-election of Charles Parkinson as a director of the Company	161,815,439 100%	0 0%	0 0%
4.     Authority to purchase shares	161,775,439 99.98%	40,000 0.02%	0 0%
5.     Declaration of a Final Dividend	161,815,439 100%	0 0%	0 0%

For further information, please contact:

Macquarie Capital (Europe) Limited (Nomad and Broker)           

Jonny Franklin-Adams                                   [phone]

Steve Baldwin

Espirito Santo Investment Bank (Joint Broker)

Richard Crawley                                               [phone]                                                        

Financial Dynamics

Nick Henderson                                               [phone]

Laura Pope                                                         [phone]

www.burfordcapital.com

About Burford Capital

Burford Capital's strategy is to create and manage a portfolio of commercial dispute financing investments diversified by duration, claim type, geography and a number of other variables, with the aim of providing shareholders with attractive levels of dividends and capital growth.

Burford Group Limited acts as Investment Adviser to the Company - www.burfordgroup.com.

 

END

 

 

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