Last checked at 5 May 2015 13:02
5 May 2015
BURFORD CAPITAL LIMITED
RESULT OF AGM
Burford Capital Limited ("Burford Capital" or "Burford" or "the Company"), the world's largest provider of investment capital and risk solutions for litigation, is pleased to announce that all resolutions proposed at its Annual General Meeting today were approved by shareholders.
Among other matters, shareholders unanimously approved the dividend payment of 5.26¢ per share. That dividend will be payable on Friday 5 June 2015 to shareholders on the register as at the close of business on Friday 15 May 2015.
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 2014 and the directors' and auditors' reports thereon | 164,175,030 | 0 | 0 |
2. To declare a final dividend of 5.26¢ (United States cents) per ordinary share | 164,175,030 | 0 | 0 |
3. To re-appoint Hugh Steven Wilson as a director | 164,175,030 | 0 | 0 |
4. To re-appoint Ernst & Young LLP as the Company's auditors | 164,175,030 | 0 | 0 |
5. To authorise the directors to agree the auditors' remuneration | 164,175,030 | 0 | 0 |
6. To authorise the directors to allot shares up to 68,181,818 shares | 164,175,030 | 0 | 0 |
7. To authorise the directors to allot shares up to 136,363,636 shares (including shares issued or rights granted under resolution 6) in connection with a pre-emptive offer to existing shareholders by way of a rights issue | 157,639,831 | 6,535,199 | 0 |
8. To authorise the Company to purchase its own shares up to a specified amount | 164,175,030 | 0 | 0 |
Special Resolutions | |||
9. 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) | 164,158,530 | 16,500 | 0 |
For further information, please contact:
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker
Ken Fleming +44 (0)20 3037 2000
Nicholas Harland
Espirito Santo Investment Bank - Joint Broker
John Riddell +44 (0)20 7456 9191
Harry Stockdale
RBC Capital Markets - Joint Broker
Oliver Hearsey +44 (0)20 7653 4000
Neustria Partners - Financial Communications for Burford Capital
Robert Bailhache +44 (0)20 3021 2580
Robert.bailhache@neustriapartners.com
Computershare Investor Services (Guernsey) Limited - Company Registrar +44 1534 825200
International Administration Group (Guernsey) Limited - Company Secretary
Mark Woodall +44 (0)1481 737911
About Burford Capital
Burford Capital is the world's largest provider of investment capital and risk solutions for litigation with the largest and most experienced dedicated team in the industry. Burford is publicly traded on the London Stock Exchange's AIM market under the ticker symbol BUR. Burford provides a broad range of corporate finance and insurance solutions to lawyers and clients engaged in significant litigation and arbitration around the world.
For more information about Burford: www.burfordcapital.com