Last checked at 13 Aug 2019 07:00
13 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 yesterday by Jonathan Molot, Burford's Chief Investment Officer.
As outlined in previous announcements, Mr Molot purchased 690,606 shares last week following the release of Burford's response to the Muddy Waters report. Following those share purchases, Mr Molot yesterday purchased an additional 250,000 ordinary shares of nil par value in Burford ("Ordinary Shares") on the market at a price of 765 pence per share.
As a result of these transactions, Mr Molot controls a total of 9,500,000 Ordinary shares, amounting to 4.34% of the issued share capital.
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 |
|
Elizabeth O'Connell, CFA, Chief Financial Officer | +1 212 235 6825 |
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker | +44 (0)20 3037 2000 |
Jonny Allison |
|
Alex Reynolds |
|
Liberum Capital Limited - Joint Broker | +44 (0)20 3100 2222 |
Richard Crawley |
|
Jamie Richards |
|
Numis Securities Limited - Joint Broker | +44 (0)20 7260 1000 |
Charlie Farquhar |
|
Jonathan Abbott |
|
Montfort Communications Limited - Financial Communications | +44 (0)20 3770 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 /Amendment | Initial | |
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 the financial instrument, type of instrument | Ordinary shares of nil par value | |
| Identification code | GG00B4L84979 | |
| (b) Nature of the transaction | Purchase of ordinary shares | |
| (c) Price(s)and volume(s) | Price(s) | Volume(s) |
765p | 250,000 | ||
|
| ||
| (d) Aggregated information ·; Aggregated volume ·; Price | N/A
| |
| (e) Date of the transaction | 12 August 2019 | |
| (f) Place of the transaction | London Stock Exchange AIM | |