Burford Capital TR-1: Notification of Major Interest in Shares (5458N)

TIDMBUR

RNS Number : 5458N

Burford Capital

26 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 
 1. Identity of the issuer or                               Burford Capital Limited 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------  ------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                           Yes 
----------------------------------------------------------  ------------------------ 
 An acquisition or disposal of qualifying financial                    No 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  ------------------------ 
 An acquisition or disposal of instruments with                        No 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  ------------------------ 
 An event changing the breakdown of voting rights                      No 
----------------------------------------------------------  ------------------------ 
 Other (please                                                         No 
  specify): 
--------------------------------------------------------    ------------------------ 
 3. Full name of person(s)                                      Invesco Limited 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------- 
 5. Date of the transaction                                     24 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------- 
 6. Date on which issuer                                        26 October 2016 
  notified: 
---------------------------------------------------------  ------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                  28% 
---------------------------------------------------------  ------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                            Resulting situation after the 
  of              to the triggering                             triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------------------  ----------------------------------------------------------- 
                 Number                      Number            Number      Number of               % of voting 
                  of                          of               of           voting                  rights (x) 
                  Shares                      Voting           shares       rights 
                                              Rights 
--------------  --------------------------  ----------------  ----------  ----------------------  ----------------------- 
                                                               Direct      Direct     Indirect     Direct      Indirect 
                                                                           (xi)        (xii) 
--------------      ---------  -----------      ------------  ----------  ---------  -----------  ----------  ----------- 
 
  NPV 
  GG00B4L84979   56,332,451                  56,332,451                               57,811,520               28.26% 
                --------------------------  ----------------  ----------  ---------  -----------  ----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration                Exercise/                     Number of voting        % of voting 
  instrument          date                      Conversion                    rights that             rights 
                      (xiii)                    Period (xiv)                  may be 
                                                                              acquired if 
                                                                              the 
                                                                              instrument 
                                                                              is 
                                                                              exercised/ 
                                                                              converted. 
------------------  ------------------------  ----------------------------  ----------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise     Expiration       Exercise/       Number of voting                  % of voting 
 financial         price         date             Conversion      rights instrument                 rights (xix, 
 instrument                      (xvii)           period          refers to                         xx) 
                                                  (xviii) 
----------------  -----------  ---------------  --------------  --------------------------------  ----------------------- 
                                                                                                   Nominal       Delta 
----------------  -----------  ---------------  --------------  --------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  --------------------------------------------------------- 
 57,811,520                                                      28.26% 
--------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 
   Invesco Asset Management Limited - 57,811,520 
 
 Proxy Voting: 
--------------------------------------------------------------- 
 10. Name of the proxy holder:                 Invesco Limited 
-------------------------------------------  ------------------ 
 11. Number of voting rights proxy                   N/A 
  holder will cease to hold: 
-------------------------------------------  ------------------ 
 12. Date on which proxy holder will                 N/A 
  cease to hold voting rights: 
-------------------------------------------  ------------------ 
 
 
  13. Additional information: 
-------------------------------------------  ------------------ 
 14. Contact name:                            Philippa Holmes 
-------------------------------------------  ------------------ 
 15. Contact telephone number:                01491 417 447 
-------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 26, 2016 10:17 ET (14:17 GMT)