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Pin to quick picksBurford Capital Regulatory News (BUR)

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Transaction in Own Shares

26 Mar 2024 07:00

RNS Number : 2307I
Burford Capital Limited
26 March 2024
 

 

March 26, 2024

 

 

Transaction In Own Shares

 

Burford Capital Limited (the "Company"), the leading global finance and asset management firm focused on law, today announces that, in accordance with the terms of its program announced on March 18, 2024 to purchase its ordinary shares, no par value per share ("Ordinary Shares"), up to a maximum aggregate amount of £5.0 million (the "Program") in connection with future obligations under the Company's Deferred Compensation Plan, the Company purchased the following number of Ordinary Shares through Numis Securities Limited ("Numis").

 

Date of purchase:

March 25, 2024

Aggregate number of Ordinary Shares purchased:

51,415

Lowest price paid per Ordinary Share (GBp):

1194.00

Highest price paid per Ordinary Share (GBp):

1220.00

Volume weighted average price paid per Ordinary Share (GBp):

1205.7053

 

Ordinary Shares purchased pursuant to the Program will be initially held by the Company in treasury. Following the purchase and settlement of these Ordinary Shares, the Company's issued ordinary share capital is 219,316,028, of which 590,879 Ordinary Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 218,725,149 after giving effect to the purchases described above. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information with respect to the individual trades made by Numis as part of the Program.

 

Individual trades information:

 

Number of Ordinary Shares purchased

Transaction price (pence per Ordinary Share)

Time of transaction (GMT)

Trading venue

246

1211.00

08:42:44

AIMX

44

1215.00

08:45:19

AIMX

31

1215.00

08:45:20

AIMX

90

1215.00

08:45:20

AIMX

333

1215.00

08:45:20

AIMX

47

1215.00

08:45:20

AIMX

502

1215.00

08:46:46

AIMX

50

1215.00

08:46:46

AIMX

10

1216.00

08:46:46

AIMX

10

1215.00

08:46:50

AIMX

10

1215.00

08:46:55

AIMX

10

1215.00

08:46:57

AIMX

10

1215.00

08:47:01

AIMX

35

1218.00

08:58:54

AIMX

424

1218.00

08:58:54

AIMX

508

1217.00

08:59:01

AIMX

248

1219.00

09:12:54

AIMX

183

1219.00

09:12:54

AIMX

165

1217.00

09:20:19

AIMX

170

1217.00

09:20:19

AIMX

165

1217.00

09:20:19

AIMX

123

1218.00

09:31:59

AIMX

291

1218.00

09:31:59

AIMX

499

1219.00

09:43:02

AIMX

83

1219.00

09:57:01

AIMX

97

1219.00

09:57:01

AIMX

155

1220.00

09:57:30

AIMX

506

1219.00

10:09:05

AIMX

108

1212.00

10:21:59

AIMX

360

1212.00

10:21:59

AIMX

155

1208.00

10:32:25

AIMX

252

1208.00

10:32:25

AIMX

482

1208.00

10:45:40

AIMX

496

1205.00

11:00:06

AIMX

497

1201.00

11:05:51

AIMX

421

1201.00

11:29:00

AIMX

265

1204.00

11:41:52

AIMX

113

1206.00

11:42:19

AIMX

168

1206.00

11:42:19

AIMX

437

1205.00

11:46:02

AIMX

499

1200.00

11:54:44

AIMX

457

1202.00

12:06:27

AIMX

444

1202.00

12:19:19

AIMX

491

1201.00

12:22:19

AIMX

298

1197.00

12:32:29

AIMX

195

1197.00

12:32:29

AIMX

42

1197.00

12:39:16

AIMX

201

1197.00

12:39:16

AIMX

41

1197.00

12:39:16

AIMX

131

1197.00

12:39:16

AIMX

454

1198.00

12:51:15

AIMX

450

1198.00

13:01:55

AIMX

504

1198.00

13:08:21

AIMX

433

1198.00

13:17:49

AIMX

100

1198.00

13:23:27

AIMX

399

1198.00

13:23:27

AIMX

498

1198.00

13:27:23

AIMX

430

1203.00

13:30:10

AIMX

443

1201.00

13:32:11

AIMX

428

1201.00

13:33:31

AIMX

106

1201.00

13:33:31

AIMX

307

1201.00

13:33:35

AIMX

800

1202.00

13:36:27

AIMX

351

1202.00

13:36:27

AIMX

502

1204.00

13:38:03

AIMX

407

1204.00

13:40:33

AIMX

446

1202.00

13:40:34

AIMX

8

1203.00

13:43:59

AIMX

366

1203.00

13:45:10

AIMX

488

1203.00

13:45:10

AIMX

420

1205.00

13:49:22

AIMX

341

1205.00

13:49:22

AIMX

72

1205.00

13:49:22

AIMX

165

1203.00

13:50:53

AIMX

180

1203.00

13:50:53

AIMX

91

1203.00

13:50:53

AIMX

33

1203.00

13:50:53

AIMX

33

1204.00

13:50:53

AIMX

89

1204.00

13:50:53

AIMX

91

1204.00

13:50:53

AIMX

33

1205.00

13:50:53

AIMX

378

1208.00

13:55:33

AIMX

130

1208.00

13:55:33

AIMX

200

1207.00

14:06:29

AIMX

69

1207.00

14:06:29

AIMX

200

1207.00

14:06:29

AIMX

200

1207.00

14:06:29

AIMX

200

1207.00

14:06:29

AIMX

25

1207.00

14:06:29

AIMX

80

1207.00

14:06:29

AIMX

274

1207.00

14:06:29

AIMX

113

1207.00

14:06:29

AIMX

10

1207.00

14:06:29

AIMX

33

1207.00

14:06:29

AIMX

38

1207.00

14:06:29

AIMX

180

1207.00

14:06:29

AIMX

180

1207.00

14:06:29

AIMX

180

1207.00

14:06:29

AIMX

180

1207.00

14:06:29

AIMX

200

1208.00

14:08:43

AIMX

180

1208.00

14:08:43

AIMX

33

1208.00

14:08:43

AIMX

326

1212.00

14:14:22

AIMX

40

1213.00

14:14:37

AIMX

501

1213.00

14:15:24

AIMX

299

1213.00

14:15:24

AIMX

198

1213.00

14:15:24

AIMX

430

1211.00

14:17:24

AIMX

36

1211.00

14:17:24

AIMX

200

1211.00

14:20:48

AIMX

250

1211.00

14:20:48

AIMX

444

1212.00

14:22:02

AIMX

90

1211.00

14:23:51

AIMX

69

1211.00

14:23:51

AIMX

114

1211.00

14:23:51

AIMX

97

1211.00

14:23:51

AIMX

69

1211.00

14:23:51

AIMX

180

1210.00

14:28:23

AIMX

192

1210.00

14:28:23

AIMX

220

1210.00

14:28:23

AIMX

439

1208.00

14:29:17

AIMX

71

1212.00

14:35:42

AIMX

120

1212.00

14:35:42

AIMX

70

1212.00

14:35:42

AIMX

187

1212.00

14:35:51

AIMX

100

1212.00

14:35:51

AIMX

288

1212.00

14:35:51

AIMX

213

1212.00

14:35:51

AIMX

79

1212.00

14:36:51

AIMX

180

1213.00

14:36:51

AIMX

489

1212.00

14:37:15

AIMX

430

1212.00

14:41:49

AIMX

413

1211.00

14:42:02

AIMX

188

1211.00

14:45:12

AIMX

249

1211.00

14:45:51

AIMX

418

1212.00

14:48:09

AIMX

479

1212.00

14:49:58

AIMX

448

1210.00

14:53:08

AIMX

571

1211.00

14:55:42

AIMX

413

1210.00

14:56:23

AIMX

122

1210.00

15:00:28

AIMX

290

1210.00

15:00:28

AIMX

412

1208.00

15:01:30

AIMX

62

1207.00

15:01:30

AIMX

330

1208.00

15:01:30

AIMX

47

1209.00

15:01:30

AIMX

300

1205.00

15:06:53

AIMX

144

1205.00

15:06:53

AIMX

435

1205.00

15:08:53

AIMX

100

1205.00

15:10:53

AIMX

338

1205.00

15:10:53

AIMX

503

1205.00

15:13:17

AIMX

730

1202.00

15:18:32

AIMX

110

1201.00

15:18:32

AIMX

70

1201.00

15:18:32

AIMX

38

1201.00

15:18:33

AIMX

38

1201.00

15:18:33

AIMX

341

1201.00

15:18:33

AIMX

100

1203.00

15:21:23

AIMX

188

1203.00

15:21:23

AIMX

104

1203.00

15:21:23

AIMX

415

1203.00

15:22:34

AIMX

51

1204.00

15:24:40

AIMX

164

1204.00

15:24:40

AIMX

431

1200.00

15:25:35

AIMX

386

1204.00

15:27:36

AIMX

57

1204.00

15:27:36

AIMX

14

1204.00

15:30:41

AIMX

471

1204.00

15:30:41

AIMX

200

1204.00

15:33:41

AIMX

64

1204.00

15:33:41

AIMX

40

1204.00

15:33:41

AIMX

50

1204.00

15:33:41

AIMX

114

1204.00

15:33:41

AIMX

954

1205.00

15:39:35

AIMX

508

1205.00

15:39:35

AIMX

436

1204.00

15:43:02

AIMX

128

1205.00

15:46:03

AIMX

432

1205.00

15:46:33

AIMX

487

1205.00

15:47:33

AIMX

416

1204.00

15:50:13

AIMX

97

1204.00

15:51:51

AIMX

355

1204.00

15:51:51

AIMX

411

1202.00

15:53:31

AIMX

16

1202.00

15:56:22

AIMX

470

1202.00

15:56:22

AIMX

193

1203.00

16:02:27

AIMX

88

1203.00

16:02:27

AIMX

164

1203.00

16:02:27

AIMX

217

1203.00

16:02:27

AIMX

58

1203.00

16:02:27

AIMX

328

1203.00

16:02:27

AIMX

66

1203.00

16:04:13

AIMX

36

1203.00

16:04:13

AIMX

88

1203.00

16:04:13

AIMX

454

1202.00

16:04:17

AIMX

293

1200.00

16:06:30

AIMX

201

1200.00

16:06:30

AIMX

449

1200.00

16:09:13

AIMX

430

1197.00

16:10:31

AIMX

413

1197.00

16:12:31

AIMX

208

1197.00

16:14:31

AIMX

164

1197.00

16:14:31

AIMX

455

1197.00

16:15:31

AIMX

100

1194.00

16:17:15

AIMX

300

1194.00

16:17:15

AIMX

75

1194.00

16:17:15

AIMX

100

1194.00

16:20:09

AIMX

401

1194.00

16:20:09

AIMX

296

1194.00

16:20:09

AIMX

19

1194.00

16:20:09

AIMX

77

1194.00

16:20:09

AIMX

24

1194.00

16:20:09

AIMX

 

 

For further information, please contact:

 

Burford Capital Limited

For investor and analyst inquiries:

Robert Bailhache, Head of Investor Relations, EMEA and Asia - email

+44 (0)20 3530 2023

Jim Ballan, Head of Investor Relations, Americas - email

+1 (646) 793 9176

For press inquiries:

David Helfenbein, Vice President, Public Relations - email

+1 (212) 235 6824

Deutsche Numis - NOMAD and Joint Broker

+44 (0)20 7260 1000

Giles Rolls

Charlie Farquhar

Jefferies International Limited - Joint Broker

+44 (0)20 7029 8000

Graham Davidson

James Umbers

Berenberg - Joint Broker

+44 (0)20 3207 7800

Toby Flaux

James Thompson

Yasmina Benchekroun

 

 

 

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 New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and it works with companies and law firms around the world from its offices in New York, London, Chicago, Washington, DC, Singapore, Dubai, Sydney and Hong Kong.

 

For more information, please visit www.burfordcapital.com.

 

 

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

 

This announcement does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this announcement is for informational purposes only. Past performance is not indicative of future results. The information contained in this announcement 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 any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents.

 

Forward-looking statements

This announcement contains "forward-looking statements" within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, regarding assumptions, expectations, projections, intentions and beliefs about future events. These statements are intended as "forward-looking statements". In some cases, predictive, future-tense or forward-looking words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will" or the negative of such terms or other comparable terminology are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. In addition, Burford and its representatives may from time to time make other oral or written statements that are forward-looking, including in its periodic reports that Burford files with, or furnishes to, the US Securities and Exchange Commission, other information made available to Burford's security holders and other written materials. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors because they relate to events and depend on circumstances that may or may not occur in the future. Burford cautions that forward-looking statements are not guarantees of future performance and are based on numerous assumptions, expectations, projections, intentions and beliefs and that Burford's actual results of operations, including its financial position and liquidity, and the development of the industry in which it operates, may differ materially from (and be more negative than) those made in, or suggested by, the forward-looking statements contained in this announcement. Significant factors that may cause actual results to differ from those Burford expects include, among others, those discussed under "Risk Factors" in Burford's annual report on Form 20-F for the year ended December 31, 2022 filed with the US Securities and Exchange Commission on May 16, 2023 and other reports or documents that Burford files with, or furnishes to, the US Securities and Exchange Commission from time to time. In addition, even if Burford's results of operations, including its financial position and liquidity, and the development of the industry in which it operates are consistent with the forward-looking statements contained in this announcement, those results of operations or developments may not be indicative of results of operations or developments in subsequent periods.

 

Except as required by law, Burford undertakes no obligation to update or revise the forward-looking statements contained in this announcement, whether as a result of new information, future events or otherwise.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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26th May 202212:00 pmRNSDirector/PDMR Shareholding
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