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BUR Burford Capital Limited

1,206.00
-4.00 (-0.33%)
Last Updated: 12:26:20
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Burford Capital Limited LSE:BUR London Ordinary Share GG00BMGYLN96 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -4.00 -0.33% 1,206.00 1,207.00 1,211.00 1,250.00 1,200.00 1,250.00 48,245 12:26:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 1.39B 610.52M 2.7883 4.32 2.64B

Burford Capital Limited Director/PDMR Shareholding (1370M)

17/09/2021 8:29am

UK Regulatory


Burford Capital (LSE:BUR)
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From Apr 2021 to Apr 2024

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TIDMBUR

RNS Number : 1370M

Burford Capital Limited

17 September 2021

17 September 2021

BURFORD CAPITAL LIMITED

Notification of Transactions by Persons Discharging Managerial Responsibilities

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, provides the following notification of transactions by persons discharging managerial responsibilities ("PDMRs") with respect to the Burford Capital Limited 2021 Non-Employee Directors' Share Plan (the "NED Plan").

On September 15, 2021, each of the following Non-Executive Directors of Burford was granted ordinary shares in the capital of Burford under the NED Plan, as compensation for his/her services as a director. The relevant number of shares was calculated based on the average per share closing price on September 10, September 13 and September 14, 2021 on the New York Stock Exchange and London Stock Exchange, being $10.77 and GBP7.881877, respectively.

 
 PDMR                 Reference share   Number of shares   Shareholding following 
                       price             awarded            the grant 
 Robert Gillespie     GBP7.881877       2,308              2,308 
                     ----------------  -----------------  ----------------------- 
 Hugh Steven 
  Wilson              $10.77            4,575              279,575 
                     ----------------  -----------------  ----------------------- 
 Andrea Muller        $10.77            2,288              2,288 
                     ----------------  -----------------  ----------------------- 
 Charles Parkinson    GBP7.881877       2,308              10,308 
                     ----------------  -----------------  ----------------------- 
 John Sievwright      GBP7.881877       2,308              12,308 
                     ----------------  -----------------  ----------------------- 
 

A Notification of Dealing Form for each of the transactions mentioned above is included at the end of this announcement.

For further information, please contact:

 
   Burford Capital Limited 
   Robert Bailhache, Head of Investor Relations,          +44 (0)20 3530 
    EMEA and Asia - email                                  2023 
   Jim Ballan, Head of Investor Relations, Americas       +1 (646) 793 
    - email                                                9176 
 
   Numis Securities Limited - NOMAD and Joint             +44 (0)20 7260 
    Broker                                                 1000 
   Kevin Cruickshank (NOMAD) 
   Charlie Farquhar / Jonathan Abbott (Joint Broker) 
 
                                                          +44 (0)20 7029 
   Jefferies International Limited - Joint Broker          8000 
   Graham Davidson 
   Tony White 
 
 

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 principal offices in New York, London, Chicago, Washington, Singapore and Sydney.

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

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

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.

Forward-looking statements

This announcement contains "forward-looking statements" within the meaning of Section 21E of the US Securities Exchange Act of 1934 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, we and our representatives may from time to time make other oral or written statements which are forward-looking statements, including in our periodic reports that we file with the US Securities and Exchange Commission, other information sent to our 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. We caution you that forward-looking statements are not guarantees of future performance and are based on numerous assumptions and that our actual results of operations, including our financial condition and liquidity and the development of the industry in which we operate, 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 we expect include those discussed under "Risk Factors" in our Annual Report on Form 20-F filed with the US Securities and Exchange Commission on March 24, 2021. In addition, even if our results of operations, including our financial condition and liquidity and the development of the industry in which we operate, are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods.

Except as required by law, we undertake no obligation to update or revise the forward-looking statements contained in this announcement, whether as a result of new information, future events, a change in our views or expectations or otherwise.

 
 Notification of dealing form 
-------------------------------------------------------------------------------------- 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  -------------------------------------------------------------------------------- 
 a)    Name                           Robert Gillespie 
----  -----------------------------  ------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
 a)    Position/status                Non-Executive Director 
----  -----------------------------  ------------------------------------------------- 
 b)    Initial notification/          Initial 
        Amendment 
----  -----------------------------  ------------------------------------------------- 
  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,           Ordinary shares of nil par value 
        type of instrument 
---- 
       Identification code            GG00BMGYLN96 
----  -----------------------------  ------------------------------------------------- 
 b)    Nature of the transaction      Grant of ordinary shares under the Burford 
                                       Capital Limited 2021 Non-Employee Directors' 
                                       Share Plan 
----  -----------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s)                 Price                    Volume 
----  -----------------------------  ----------------------  ------------------------- 
 
                          GBP7.881877                                            2,308 
  ---------------------------------------------------------  ------------------------- 
 d)    Aggregated information                 Price              Aggregated Volume 
        - Aggregated volume 
        - Price 
----  -----------------------------  ----------------------  ------------------------- 
                         GBP7.881877                                             2,308 
  ---------------------------------------------------------  ------------------------- 
 e)    Date of the transaction        September 15, 2021 
----  -----------------------------  ------------------------------------------------- 
 f)    Place of the transaction       Outside a trading venue 
----  -----------------------------  ------------------------------------------------- 
 
 
 Notification of dealing form 
---------------------------------------------------------------------------------------- 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ---------------------------------------------------------------------------------- 
 a)    Name                              Hugh Steven Wilson 
----  --------------------------------  ------------------------------------------------ 
  2    Reason for the notification 
----  ---------------------------------------------------------------------------------- 
 a)    Position/status                   Non-Executive Director 
----  --------------------------------  ------------------------------------------------ 
 b)    Initial notification/             Initial 
        Amendment 
----  --------------------------------  ------------------------------------------------ 
  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,              Ordinary shares of nil par value 
        type of instrument 
---- 
       Identification code               GG00BMGYLN96 
----  --------------------------------  ------------------------------------------------ 
 b)    Nature of the transaction         Grant of ordinary shares under the Burford 
                                          Capital Limited 2021 Non-Employee Directors' 
                                          Share Plan 
----  --------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s)                Price                    Volume 
----  --------------------------------  ---------------  ------------------------------- 
 
                                              $10.77                               4,575 
 -------------------------------------  ---------------  ------------------------------- 
 d)    Aggregated information                Price              Aggregated Volume 
        - Aggregated volume 
        - Price 
----  --------------------------------  ---------------  ------------------------------- 
                                             $10.77                                4,575 
 -------------------------------------  ---------------  ------------------------------- 
 e)    Date of the transaction           September 15, 2021 
----  --------------------------------  ------------------------------------------------ 
 f)    Place of the transaction          Outside a trading venue 
----  --------------------------------  ------------------------------------------------ 
 
 
 Notification of dealing form 
---------------------------------------------------------------------------------------- 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  ---------------------------------------------------------------------------------- 
 a)    Name                              Andrea Muller 
----  --------------------------------  ------------------------------------------------ 
  2    Reason for the notification 
----  ---------------------------------------------------------------------------------- 
 a)    Position/status                   Non-Executive Director 
----  --------------------------------  ------------------------------------------------ 
 b)    Initial notification/             Initial 
        Amendment 
----  --------------------------------  ------------------------------------------------ 
  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,              Ordinary shares of nil par value 
        type of instrument 
---- 
       Identification code               GG00BMGYLN96 
----  --------------------------------  ------------------------------------------------ 
 b)    Nature of the transaction         Grant of ordinary shares under the Burford 
                                          Capital Limited 2021 Non-Employee Directors' 
                                          Share Plan 
----  --------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s)                Price                    Volume 
----  --------------------------------  ---------------  ------------------------------- 
 
                                              $10.77                               2,288 
 -------------------------------------  ---------------  ------------------------------- 
 d)    Aggregated information                Price              Aggregated Volume 
        - Aggregated volume 
        - Price 
----  --------------------------------  ---------------  ------------------------------- 
                                             $10.77                                2,288 
 -------------------------------------  ---------------  ------------------------------- 
 e)    Date of the transaction           September 15, 2021 
----  --------------------------------  ------------------------------------------------ 
 f)    Place of the transaction          Outside a trading venue 
----  --------------------------------  ------------------------------------------------ 
 
 
 Notification of dealing form 
-------------------------------------------------------------------------------------- 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  -------------------------------------------------------------------------------- 
 a)    Name                           Charles Parkinson 
----  -----------------------------  ------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
 a)    Position/status                Non-Executive Director 
----  -----------------------------  ------------------------------------------------- 
 b)    Initial notification/          Initial 
        Amendment 
----  -----------------------------  ------------------------------------------------- 
  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,           Ordinary shares of nil par value 
        type of instrument 
---- 
       Identification code            GG00BMGYLN96 
----  -----------------------------  ------------------------------------------------- 
 b)    Nature of the transaction      Grant of ordinary shares under the Burford 
                                       Capital Limited 2021 Non-Employee Directors' 
                                       Share Plan 
----  -----------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s)                 Price                    Volume 
----  -----------------------------  ----------------------  ------------------------- 
 
                          GBP7.881877                                            2,308 
  ---------------------------------------------------------  ------------------------- 
 d)    Aggregated information                 Price              Aggregated Volume 
        - Aggregated volume 
        - Price 
----  -----------------------------  ----------------------  ------------------------- 
                         GBP7.881877                                             2,308 
  ---------------------------------------------------------  ------------------------- 
 e)    Date of the transaction        September 15, 2021 
----  -----------------------------  ------------------------------------------------- 
 f)    Place of the transaction       Outside a trading venue 
----  -----------------------------  ------------------------------------------------- 
 
 
 Notification of dealing form 
-------------------------------------------------------------------------------------- 
  1    Details of the person discharging managerial responsibilities 
        / person closely associated 
----  -------------------------------------------------------------------------------- 
 a)    Name                           John Sievwright 
----  -----------------------------  ------------------------------------------------- 
  2    Reason for the notification 
----  -------------------------------------------------------------------------------- 
 a)    Position/status                Non-Executive Director 
----  -----------------------------  ------------------------------------------------- 
 b)    Initial notification/          Initial 
        Amendment 
----  -----------------------------  ------------------------------------------------- 
  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,           Ordinary shares of nil par value 
        type of instrument 
---- 
       Identification code            GG00BMGYLN96 
----  -----------------------------  ------------------------------------------------- 
 b)    Nature of the transaction      Grant of ordinary shares under the Burford 
                                       Capital Limited 2021 Non-Employee Directors' 
                                       Share Plan 
----  -----------------------------  ------------------------------------------------- 
 c)    Price(s) and volume(s)                 Price                    Volume 
----  -----------------------------  ----------------------  ------------------------- 
 
                          GBP7.881877                                            2,308 
  ---------------------------------------------------------  ------------------------- 
 d)    Aggregated information                 Price              Aggregated Volume 
        - Aggregated volume 
        - Price 
----  -----------------------------  ----------------------  ------------------------- 
                         GBP7.881877                                             2,308 
  ---------------------------------------------------------  ------------------------- 
 e)    Date of the transaction        September 15, 2021 
----  -----------------------------  ------------------------------------------------- 
 f)    Place of the transaction       Outside a trading venue 
----  -----------------------------  ------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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