RE: News7 Jul 2020 14:52
A snipit fron sharecast
Over the last year, Burford has faced criticism for its approach to corporate governance. With a market value of around £1.1bn, it is one of Aim's biggest companies; Aim was designed for small and fledgling businesses, and has less stringent disclosure requirements than the main market.
However, Burford believes that seeking a dual listing in the US makes more sense than switching its UK listing.
(When it first announced plans to list on Wall Street it 2019, it said: "We believe that the deep liquidity in those markets, as well as the opportunity to access a broad pool of US investors who do not today invest in litigation finance but are generally familiar with US litigation, makes a US listing commercially attractive as an alternative to moving Burford's current listing to the LSE main market.")
(.....) agree