Last checked at 22 May 2018 14:03
This announcement contains inside information.
22 May 2018
BURFORD CAPITAL LIMITED
RESULT OF AGM
Burford Capital Limited ("Burford Capital" or "Burford" or "the Company"), the leading global finance and investment management firm focused on law, is pleased to announce that all resolutions proposed at its Annual General Meeting today were approved by shareholders.
Among other matters, shareholders approved the dividend payment of 7.95¢ per share. That dividend will be payable on 22 June 2018 to shareholders on the register as at the close of business on Friday 1 June 2018.
The votes received are detailed below:
Ordinary Resolutions | Total votes for | Total votes against | Total votes withheld |
1. To receive the accounts for the year ended 31 December 2017 and the directors' and auditors' reports thereon | 148,464,184 | 3,794,958 | 146,494 |
2. To declare a final dividend of 7.95¢ (United States cents) per ordinary share | 152,405,636 | 0 | 0 |
3. To re-appoint Hugh Steven Wilson as a director | 150,200,911 | 2,204,510 | 215 |
4. To re-appoint Ernst & Young LLP as the Company's auditors | 151,092,653 | 1,312,983 | 0 |
5. To authorise the directors to agree the auditors' remuneration | 152,012,126 | 391,626 | 1,884 |
6. To authorise the directors to allot up to 68,718,533 shares and up to 137,437,066 by way of a rights issue | 149,255,466 | 2,920,500 | 229,670 |
7. To authorise the Company to purchase its own shares up to a specified amount | 152,064,477 | 227,160 | 113,999 |
Special Resolution | |||
8. To authorise the directors to allot shares for cash without making a pre-emptive offer to shareholders (subject to the limitation set out in the resolution) | 151,989,497 | 411,729 | 4,410 |
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 | |
Nicholas Harland | |
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 Abbot | |
Neustria Partners - Financial Communications for Burford Capital | +44 (0)20 3021 2580 |
Robert Bailhache [email] | |
Charles Gorman [email] | |
Nick Henderson [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 and Singapore.
For more information about Burford: www.burfordcapital.com