Burford Capital Ltd - litigation finance firm - Successfully lists on the New York Stock Exchange.
Burford shares starting trading in New York on Monday following the completion of the transition of its share register to the US, establishing its dual listing on the NYSE and London's AIM.
"Our new listing will increase the pool of investors able to invest in Burford's shares while more broadly raising our profile in the US capital markets, which may in time lower our cost of capital. For our clients, this listing gives them further proof that working with us means partnering with a gold standard finance firm that is open and transparent about its operations," says Chief Executive Christopher Bogart.
Current stock price: 761.50 pence
Year-to-date change: up 7.0%
By Lucy Heming;Â lucyheming@alliancenews.com
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Burford Capital (BUR)