REG - Burford Capital Ltd - Completed Purchases of Shares

Burford CapitalAnnouncement

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RNS Number : 6965L  Burford Capital Limited  06 June 2025

 

June 6, 2025

 

 

Completed Purchases of Ordinary Shares to Satisfy Non-Employee Directors'
Awards and Grants of Ordinary Shares to Non-Employee Directors

 

Burford Capital Limited ("Burford"), the leading global finance and asset
management firm focused on law, provides an update on the completed purchases
of Burford's ordinary shares of nil par value ("Shares") to satisfy
non-employee directors' awards and grants of Shares to non-employee directors
under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan (the
"NED Plan").

 

Completed purchases of Shares

 

On June 5, 2025, Burford completed the open market purchases of 29,227 Shares
on the London Stock Exchange at a blended price of 943.7355p per Share to
satisfy a grant of awards to Burford's non-employee directors under the NED
Plan.

 

Grants of Shares to non-employee directors under the NED Plan

 

Effective as of June 5, 2025, each of the following non-employee directors was
granted Shares under the NED Plan as compensation for his or her services as a
director.

 

 Non-employee director  Burford's purchase price  Number of Shares granted under the NED Plan  Total shareholding following the grant under the NED Plan(1)
 Rukia Baruti           $12.78                    3,717                                        8,676
 Pamela Corrie          $12.78                    3,717                                        8,162
 Robert Gillespie       $12.78                    3,717                                        18,982
 Christopher Halmy      $12.78                    7,434                                        37,882
 John Sievwright        $12.78                    10,642                                       34,243
 (1) Presents total potential ownership of the Shares following grants under
 the NED Plan (including any investments made through the Burford Capital
 Deferred Compensation Plan) but does not present beneficial ownership as it
 would have been calculated in accordance with the rules of the US Securities
 and Exchange Commission.

 

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                       +1 212 516 5824
 (mailto:jwood@burfordcapital.com)
 EMEA & Asia: Rob Bailhache, Head of EMEA & Asia Investor Relations -          +44 (0)20 3530 2023
 email (mailto:rbailhache@burfordcapital.com)
 For press inquiries:
 David Helfenbein, Senior Vice President, Public Relations - email             +1 646 504 7074
 (mailto:media@burfordcapital.com)

 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
(https://www.burfordcapital.com/) 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
(http://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                                                           Rukia Baruti
 2  Reason for the notification
    (a)   Position/status                                                A PDMR occupying the position of Non-Executive Director
    (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                                         GG00BMGYLN96
    (b)   Nature of the transaction                                      Grant of ordinary shares under the Burford Capital Limited 2021 Non-Employee
                                                                         Directors' Share Plan
    (c)    Price(s)and volume(s)                                         Price(s)                                 Volume(s)
    $ 12.78                                                                                                       3,717

    (d)   Aggregated information                                         N/A

    ·    Aggregated volume

    ·    Price
    (e)   Date of the transaction                                        5 June 2025
    (f)    Place of the transaction                                      Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)   Name                                                           Pamela Corrie
 2  Reason for the notification
    (a)   Position/status                                                A PDMR occupying the position of Non-Executive Director
    (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                                         GG00BMGYLN96
    (b)   Nature of the transaction                                      Grant of ordinary shares under the Burford Capital Limited 2021 Non-Employee
                                                                         Directors' Share Plan
    (c)    Price(s)and volume(s)                                         Price(s)                                 Volume(s)
    $ 12.78                                                                                                       3,717

    (d)   Aggregated information                                         N/A

    ·    Aggregated volume

    ·    Price
    (e)   Date of the transaction                                        5 June 2025

    (f)    Place of the transaction                                      Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)   Name                                                           Robert Gillespie
 2  Reason for the notification
    (a)   Position/status                                                A PDMR occupying the position of Non-Executive Director
    (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                                         GG00BMGYLN96
    (b)   Nature of the transaction                                      Grant of ordinary shares under the Burford Capital Limited 2021 Non-Employee
                                                                         Directors' Share Plan
    (c)    Price(s)and volume(s)                                         Price(s)                                 Volume(s)
    $ 12.78                                                                                                       3,717

    (d)   Aggregated information                                         N/A

    ·    Aggregated volume

    ·    Price
    (e)   Date of the transaction                                        5 June 2025
    (f)    Place of the transaction                                      Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)   Name                                                           Christopher Halmy
 2  Reason for the notification
    (a)   Position/status                                                A PDMR occupying the position of Vice Chair of the Board of Directors and
                                                                         Non-Executive Director
    (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                                         GG00BMGYLN96
    (b)   Nature of the transaction                                      Grant of ordinary shares under the Burford Capital Limited 2021 Non-Employee
                                                                         Directors' Share Plan
    (c)    Price(s)and volume(s)                                         Price(s)                                 Volume(s)
    $ 12.78                                                                                                       7,434

    (d)   Aggregated information                                         N/A

    ·    Aggregated volume

    ·    Price
    (e)   Date of the transaction                                        5 June 2025
    (f)    Place of the transaction                                      Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)   Name                                                           John Sievwright
 2  Reason for the notification
    (a)   Position/status                                                A PDMR occupying the position of Chair of the Board of Directors and
                                                                         Non-Executive Director
    (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                                         GG00BMGYLN96
    (b)   Nature of the transaction                                      Grant of ordinary shares under the Burford Capital Limited 2021 Non-Employee
                                                                         Directors' Share Plan
    (c)    Price(s)and volume(s)                                         Price(s)                                 Volume(s)
    $ 12.78                                                                                                       10,642

    (d)   Aggregated information                                         N/A

    ·    Aggregated volume

    ·    Price
    (e)   Date of the transaction                                        5 June 2025
    (f)    Place of the transaction                                      Outside a trading venue

 

 

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