Burford Capital Limited Notification of transactions by PDMRs (3738C)

TIDMBUR

RNS Number : 3738C

Burford Capital Limited

16 October 2020

16 October 2020

BURFORD CAPITAL LIMITED

Notification of transaction by person discharging managerial responsibilities

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, has been notified of certain purchases of the bonds issued by Burford Capital Finance LLC (the "Company"), an indirect wholly-owned subsidiary of Burford, made by Hugh Steven Wilson, Burford's Deputy Chairman.

On 13 October 2020, Mr Wilson purchased 100 6.125% US Dollar Denominated bonds due 12 August 2025 issued by the Company (the "Bonds") at a price of US$93.125 per Bond.

The Notification of Dealing Form for the transaction mentioned above is 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] 
 EMEA and Asia - email                               2023 
Jim Ballan, Head of Investor Relations, Americas    +1 (646) 793 
 - email                                             9176 
 
Numis Securities Limited - NOMAD and Joint          [phone] 
 Broker                                              1000 
Huw Jeremy (NOMAD) 
Charlie Farquhar / Jonathan Abbott (Joint Broker) 
 
                                                    [phone] 
Jefferies International Limited - Joint Broker       8000 
Graham Davidson 
Tony White 
 

About Burford Capital Limited

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                                       Hugh Steven Wilson 
     ---------------------------------------------  -------------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Deputy Chairman 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Finance 
      (b) LEI                                        549300L30WEIAK4ZUX81 
     ---------------------------------------------  -------------------------------------- 
 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                             6.125% US Dollar denominated bonds 
       the financial instrument,                      due 2025 at 100 per cent. of their 
       type of instrument                             principal amount (the "Bonds") 
      Identification code                            XS1756325228 
      (b) Nature of the transaction                  Purchase of Bonds 
      (c) Price(s)and volume(s)                      Price(s)            Volume(s) 
                                                    ------------------  ------------------ 
                                                     $93.125             100 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        13 October 2020 
  (f) Place of the transaction                       Outside a Trading Venue 
 -------------------------------------------------  -------------------------------------- 
 

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October 16, 2020 09:19 ET (13:19 GMT)