Last checked at 27 Aug 2019 07:00
27 August 2019
BURFORD CAPITAL FINANCE LLC
Notification of transaction by person discharging managerial responsibilitiesBurford Capital Finance LLC (the "Company"), an indirect wholly-owned subsidiary of Burford Capital Limited ("Burford"), announces that it has been notified of certain purchases of the Company's bonds by Hugh Steven Wilson, Burford's Deputy Chairman.
On 21 August 2019, Mr Wilson purchased 2,800 6.125% US Dollar denominated bonds due 12 August 2025 issued by the Company (the "Bonds") at a price of US$88.625 per Bond.
The Notification of Dealing Form for the transaction mentioned above is included at the end of this announcement.
For further information, please contact:
Burford Capital Limited |
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Jim Kilman, Chief Financial Officer | +1 917 985 9840 |
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker | +44 (0)20 3037 2000 |
Jonny Allison |
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Alex Reynolds |
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Liberum Capital Limited - Joint Broker | +44 (0)20 3100 2222 |
Richard Crawley |
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Jamie Richards |
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Numis Securities Limited - Joint Broker | +44 (0)20 7260 1000 |
Charlie Farquhar |
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Jonathan Abbott |
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Montfort Communications Limited - Financial Communications | +44 (0)20 3770 7908 |
Robert Bailhache - email |
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About Burford Capital Finance LLC
Burford Capital Finance LLC is a special purpose financing vehicle created to issue the Company's 2018 US Dollar denominated retail bonds and an indirect wholly‐owned subsidiary of Burford Capital Limited.
About Burford Capital Limited
Burford 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, Washington DC, Singapore and Sydney. For more information about Burford: www.burfordcapital.com
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) Name | Hugh Steven Wilson | |
2 | Reason for the notification |
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| (a) Position/status | A PDMR occupying the position of Deputy Chairman of Burford Capital Limited | |
| (b) Initial notification /Amendment | Initial | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| (a) Name | Burford Capital Finance LLC | |
| (b) LEI | 549300L30WEIAK4ZUX81 | |
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 | 6.125 per cent. US Dollar denominated bonds due 2025 at 100 per cent. of their principal amount ("Bonds") | |
| Identification code | XS1756325228 | |
| (b) Nature of the transaction | Purchase of Bonds | |
| (c) Price(s)and volume(s) | Price(s) | Volume(s) |
$88.625 | 2,800 | ||
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| (d) Aggregated information ·; Aggregated volume ·; Price | N/A
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| (e) Date of the transaction | 21 August 2019 | |
| (f) Place of the transaction | Outside of a trading venue | |