Last checked at 8 Apr 2015 09:00
8 April 2015
BURFORD CAPITAL UPDATE ON EMPLOYEE SHARE PURCHASES
Burford Capital Limited ("Burford" or "the Company"), the world's largest provider of investment capital and risk solutions for litigation,announces that ten of its employees have purchased a total of approximately 160,000 shares of stock since the expiration of the close period following release of Burford's results on 18 March 2015.
With these purchases, sixteen Burford employees, including every Burford managing director and every "c-suite" member, own stock in the Company. In total, employees now own 26.3 million shares of Burford stock, amounting to 13% of shares outstanding.
Christopher Bogart, Chief Executive Officer of Burford, commented:
"We believe strongly in employee share ownership and in aligning employees' interests with our shareholders. We're pleased to be able to announce this latest increase in employee share ownership. "
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
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, visit www.burfordcapital.com