Burford Capital Limited Notification of transactions by PDMRs (5404N)

TIDMBUR

RNS Number : 5404N

Burford Capital Limited

20 May 2020

20 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 today 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 436.1009 pence per share.

As a result of these transactions, Mr Bogart controls a total of 9,060,037 Ordinary Shares in Burford, amounting to 4.14% of the issued share capital and Mr Molot also controls a total of 9,650,000 Ordinary Shares in Burford, amounting to 4.41% 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     [phone] 
 - email                                          2023 
 
Macquarie Capital (Europe) Limited - NOMAD       [phone] 
 and Joint Broker                                 2000 
Jonny Allison 
Alex Reynolds 
                                                 [phone] 
Jefferies International Limited - Joint Broker    8000 
Graham Davidson 
Tony White 
                                                 [phone] 
Numis Securities Limited - Joint Broker           1000 
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                      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) 
                                                   ------------------  --------------- 
                                                    436.1009 p          50,000 
 
        (d) Aggregated information                  N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                       20 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                      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) 
                                                   -----------------  ---------------- 
                                                    436.1009p          50,000 
 
        (d) Aggregated information                  N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                       20 May 2020 
  (f) Place of the transaction                      London Stock Exchange AIM market 
 ------------------------------------------------  ----------------------------------- 
 

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 [e-mail] or visit www.rns.com.

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May 20, 2020 12:21 ET (16:21 GMT)