Director/PDMR Shareholding

Burford Capital

14/07/2025 07:00

RNS Number : 8982Q

Burford Capital Limited

14 July 2025

 

 

July 14, 2025

 

 

Notification of Transactions By Persons Discharging Managerial Responsibilities

 

Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, provides the following notification of various transactions by persons discharging managerial responsibilities (each, a "PDMR").

 

Pursuant to the previously announced written executive share liquidity plans (the "Plans") for each PDMR, which were further explained in Burford's reports on Form 6-K furnished to the US Securities and Exchange Commission on August 8, 2024 and November 7, 2024, on July 9, 2025, Merrill Lynch sold on behalf of Chief Executive Officer Christopher Bogart, Chief Investment Officer Jonathan Molot, President Aviva Will and Vice Chair David Perla in aggregate 444,500 Burford's ordinary shares of nil par value ("Shares"). The timing and execution of the sales are managed by Merrill Lynch according to pre-set parameters set forth in the Plans. The breakdown of these sales of Shares is as follows: 210,000 Shares by Mr Bogart, 210,000 Shares by Mr Molot, 17,500 Shares by Ms Will and 7,000 Shares by Mr Perla.

 

The Plans are intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) of the US Securities Exchange Act of 1934, as amended, and to comply with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended.

 

The Notification of Dealing Forms for each of the transactions set forth above are included at the end of this announcement.

 

 

For further information, please contact:

 

Burford Capital Limited
For investor and analyst inquiries:
Americas: Josh Wood, Head of Investor Relations -email
+1212 516 5824
EMEA & Asia: Rob Bailhache, Head of EMEA & Asia Investor Relations -email
+44 (0)20 3530 2023
For press inquiries:
David Helfenbein, Senior Vice President, Public Relations -email
+1 646 504 7074
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 works with companies and law firms around the world from its global network of offices.

 

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

 

 

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

 

This press release 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 press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including 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 press release contains "forward-looking statements" within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, 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. Although Buford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the "Risk Factors" section of Burford's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission on March 3, 2025. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements.

 

All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

 

 

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
(a) Name
Christopher P. Bogart Revocable Trust
2
Reason for the notification
(a) Position/status
A person closely associated with Christopher P. Bogart, 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
Identification code
GG00BMGYLN96
(b) Nature of the transaction
Sale of Ordinary Shares
(c) Price(s)and volume(s)
Price(s)
Volume(s)
$14.5951
210,000
(d) Aggregated information
· Aggregated volume
· Price
N/A
(e) Date of the transaction
9 July 2025
(f) Place of the transaction
New York Stock Exchange

 

 

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
Identification code
GG00BMGYLN96
(b) Nature of the transaction
Sale of Ordinary Shares
(c) Price(s)and volume(s)
Price(s)
Volume(s)
$14.5951
210,000
(d) Aggregated information
· Aggregated volume
· Price
N/A
(e) Date of the transaction
9 July 2025
(f) Place of the transaction
New York Stock Exchange

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
(a) Name
Aviva Will
2
Reason for the notification
(a) Position/status
A PDMR occupying the position of President
(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
Identification code
GG00BMGYLN96
(b) Nature of the transaction
Sale of Ordinary Shares
(c) Price(s)and volume(s)
Price(s)
Volume(s)
$14.5951
17,500
(d) Aggregated information
· Aggregated volume
· Price
N/A
(e) Date of the transaction
9 July 2025
(f) Place of the transaction
New York Stock Exchange

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
(a) Name
David Perla
2
Reason for the notification
(a) Position/status
A PDMR occupying the position of Vice Chair
(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
Identification code
GG00BMGYLN96
(b) Nature of the transaction
Sale of Ordinary Shares
(c) Price(s)and volume(s)
Price(s)
Volume(s)
$14.5951
7,000
(d) Aggregated information
· Aggregated volume
· Price
N/A
(e) Date of the transaction
9 July 2025
(f) Place of the transaction
New York Stock Exchange

 

 

 

 

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

 

 
DSHLXLLFEDLBBBE