Burford Capital Limited Notification of transactions by PDMRs (6401I)

TIDMBUR

RNS Number : 6401I

Burford Capital Limited

12 August 2019

12 August 2019

Notification of transaction by person discharging managerial responsibilities

Burford Capital Limited ("Burford"), the leading global finance and investment management firm focused on law, has been notified of certain additional share purchases made Friday by Jonathan Molot, Burford's Chief Investment Officer.

As outlined in previous announcements, Mr Molot purchased 350,643 shares following the release of Burford's response to the Muddy Waters report. Following that share purchase on Thursday, Mr Molot on Friday purchased an additional 339,963 ordinary shares of nil par value in Burford ("Ordinary Shares") on the market at a price of 856 pence per share.

As a result of these transactions, Mr Molot controls a total of 9,250,000 Ordinary shares, amounting to 4.23% of the issued share capital.

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

For further information, please contact:

 
Burford Capital Limited 
Elizabeth O'Connell, CFA, Chief Financial 
 Officer                                      [phone] 
Macquarie Capital (Europe) Limited - NOMAD    [phone] 
 and Joint Broker                              2000 
Jonny Allison 
Alex Reynolds 
                                              [phone] 
Liberum Capital Limited - Joint Broker         2222 
Richard Crawley 
Jamie Richards 
                                              [phone] 
Numis Securities Limited - Joint Broker        1000 
Charlie Farquhar 
Jonathan Abbott 
Montfort Communications Limited - Financial   [phone] 
 Communications                                7908 
Robert Bailhache - email 
 

About Burford Capital

Burford Capital is the leading global finance and investment 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 DC, Singapore and Sydney.

For more information about Burford: www.burfordcapital.com

 
 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                       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                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00B4L84979 
      (b) Nature of the transaction                  Purchase of ordinary shares 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     856p              339,963 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        9 August 2019 
  (f) Place of the transaction                       London Stock Exchange AIM 
 -------------------------------------------------  ----------------------------------- 
 

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August 12, 2019 02:00 ET (06:00 GMT)