REG - Burford Capital Ltd - Notification of transactions by PDMRs

Burford CapitalAnnouncement

20/05/2020 17:25

RNS Number : 5404N
  
Burford Capital Limited
  
20 May 2020
  
 

20 May 2020
Notification of transactions by persons discharging managerial responsibilities
 
Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, has been notified of certain share purchases made today by Christopher P. Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer. 
Mr Bogart purchased 50,000 ordinary shares of nil par value in Burford ("Ordinary Shares") and Mr Molot purchased 50,000 Ordinary Shares, in each case on the market at a price of 436.1009 pence per share.
As a result of these transactions, Mr Bogart controls a total of 9,060,037 Ordinary Shares in Burford, amounting to 4.14% of the issued share capital and Mr Molot also controls a total of 9,650,000 Ordinary Shares in Burford, amounting to 4.41% of the issued share capital.
The Notification of Dealing Forms for each of the transactions mentioned above are included at the end of this announcement.
 
For further information, please contact:



Burford Capital Limited








Jim Kilman, Chief Financial Officer


+1 917 985 9840




Robert Bailhache, Head of Investor Relations - email


+44 (0)20 3530 2023














Macquarie Capital (Europe) Limited - NOMAD and Joint Broker


+44 (0)20 3037 2000




Jonny Allison








Alex Reynolds








Jefferies International Limited - Joint Broker


+44 (0)20 7029 8000




Graham Davidson








Tony White








Numis Securities Limited - Joint Broker


+44 (0)20 7260 1000




Charlie Farquhar








Jonathan Abbott







 
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 London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago, Washington, Singapore and Sydney.
 
For more information about Burford: www.burfordcapital.com
  
This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information provided herein is for informational purposes only. Past performance is not indicative of future results. The information contained herein 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 the funds). Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.
 
 



1


Details of the person discharging managerial responsibilities/person closely associated








(a)     Name


Christopher Bogart




2


Reason for the notification












(a)     Position/status


A PDMR occupying the position of Chief Executive Officer








(b)    Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor








(a)     Name 


Burford Capital Limited








(b)    LEI


549300FUKUWFYJMT2277




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


Ordinary shares of nil par value 








Identification code


GG00B4L84979








(b)    Nature of the transaction


Purchase of ordinary shares








(c)     Price(s)and volume(s)



Price(s)




Volume(s)





436.1009p


50,000


















(d)    Aggregated information
·    Aggregated volume
·    Price


N/A








(e)    Date of the transaction


20 May 2020








(f)     Place of the transaction


London Stock Exchange AIM market



 
 
 



1


Details of the person discharging managerial responsibilities/person closely associated








(a)     Name


Jonathan Molot




2


Reason for the notification












(a)     Position/status


A PDMR occupying the position of Chief Investment Officer








(b)    Initial notification /Amendment


Initial




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor








(a)     Name 


Burford Capital Limited








(b)    LEI


549300FUKUWFYJMT2277




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


Ordinary shares of nil par value








Identification code


GG00B4L84979








(b)    Nature of the transaction


Purchase of ordinary shares








(c)     Price(s)and volume(s)



Price(s)




Volume(s)





436.1009p


50,000


















(d)    Aggregated information
·    Aggregated volume
·    Price


N/A








(e)    Date of the transaction


20 May 2020








(f)     Place of the transaction


London Stock Exchange AIM market



 
 


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