Last checked at 20 May 2020 17:21
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 | +1 917 985 9840 |
Robert Bailhache, Head of Investor Relations - email | +44 (0)20 3530 2023 |
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker | +44 (0)20 3037 2000 |
Jonny Allison | |
Alex Reynolds | |
Jefferies International Limited - Joint Broker | +44 (0)20 7029 8000 |
Graham Davidson | |
Tony White | |
Numis Securities Limited - Joint Broker | +44 (0)20 7260 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 /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) | |
436.1009p | 50,000 | ||
(d) Aggregated information · Aggregated volume · Price | N/A | ||
(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 /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) | |
436.1009p | 50,000 | ||
(d) Aggregated information · Aggregated volume · Price | N/A | ||
(e) Date of the transaction | 20 May 2020 | ||
(f) Place of the transaction | London Stock Exchange AIM market | ||