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RNS Number : 9067T  Burford Capital Limited  22 March 2023

 

22 March 2023

 

 

BURFORD CAPITAL LIMITED

 

Notification of transactions by persons discharging managerial
responsibilities

 

Burford Capital Limited, 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").

 

With respect to the Burford Capital 2016 Long Term Incentive Plan (the
"LTIP"), the table below shows (i) the vesting on March 17, 2023 of awards
granted in prior years following the satisfaction of the performance
conditions related thereto and (ii) new grants made as part of Burford's usual
annual compensation cycle on March 22, 2023, 50% of which are subject to
performance conditions.

 

 PDMR                 Number of ordinary shares granted on March 22, 2023 under the LTIP  Number of previously granted ordinary shares vested on March 17, 2023 under  Net number of ordinary shares delivered to the PDMR following vesting on March  Total number of ordinary shares held by the PDMR*
                                                                                          the LTIP                                                                     17, 2023 and tax withholding
 Craig Arnott         36,873                                                              125,447                                                                      125,447                                                                         303,877
 Christopher Bogart   215,136                                                             125,447                                                                      61,407                                                                          9,987,099
 Mark Klein           36,873                                                              41,816                                                                       26,742                                                                          147,201
 Jordan Licht         36,873                                                              -                                                                            -                                                                               140,085
 Jonathan Molot       215,136                                                             125,447                                                                      62,599                                                                          10,593,060
 Elizabeth O'Connell  36,873                                                              108,721                                                                      53,220                                                                          236,759
 David Perla          36,873                                                              108,721                                                                      53,111                                                                          265,674
 Aviva Will           36,873                                                              125,447                                                                      56,843                                                                          436,822

*Includes unvested ordinary shares granted under the LTIP and ordinary shares
allocated under the Burford employee deferred compensation plan, including any
unvested matching contribution by Burford.

 

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:
 Robert Bailhache, Head of Investor Relations, EMEA and Asia - email  +44 (0)20 3530 2023
 (mailto:rbailhache@burfordcapital.com)
 Jim Ballan, Head of Investor Relations, Americas - email             +1 (646) 793 9176
 (mailto:JBallan@burfordcapital.com)
 For press inquiries:
 David Helfenbein, Vice President, Public Relations - email           +1 (212) 235 6824
 (mailto:dhelfenbein@burfordcapital.com)

 Numis Securities Limited - 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
 Tony White

 Berenberg - Joint Broker                                             +44 (0)20 3207 7800
 Toby Flaux
 James Thompson
 Arnav Kapoor

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 it works with companies and law firms around the
world from its offices in New York, London, Chicago, Washington, DC,
Singapore, Dubai, Sydney and Hong Kong.

 

For more information, please visit www.burfordcapital.com
(http://www.burfordcapital.com) .

 

 

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

 

This announcement 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
announcement is for informational purposes only. Past performance is not
indicative of future results. The information contained in this announcement
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 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 announcement contains "forward-looking statements" within the meaning of
Section 21E of the US Securities Exchange Act of 1934, as amended, regarding
assumptions, expectations, projections, intentions and beliefs about future
events. These statements are intended as "forward-looking statements". In some
cases, predictive, future-tense or forward-looking 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,
but are not the exclusive means of identifying such statements. In addition,
Burford and its representatives may from time to time make other oral or
written statements which are forward-looking statements, including in its
periodic reports that Burford files with, or furnishes to, the US Securities
and Exchange Commission, other information sent to Burford's security holders
and other written materials. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors because they
relate to events and depend on circumstances that may or may not occur in the
future. Burford cautions you that forward-looking statements are not
guarantees of future performance and are based on numerous assumptions,
expectations, projections, intentions and beliefs and that Burford's actual
results of operations, including its financial position and liquidity, and the
development of the industry in which it operates, may differ materially from
(and be more negative than) those made in, or suggested by, the
forward-looking statements contained in this announcement. Significant factors
that may cause actual results to differ from those Burford expects include,
among others, (i) impacts resulting from changes to Burford's valuation policy
for capital provision assets, including any requirement to recast or restate
Burford's historical financial statements and/or disclose a material weakness
in internal controls in connection with these changes, (ii) the successful
completion of audit and other procedures and other conditions necessary to
issue Burford's audited financial statements and to file Burford's annual
report on Form 20-F for the year ended December 31, 2022 with the US
Securities and Exchange Commission and (iii) those discussed under "Risk
Factors" in Burford's annual report on Form 20-F for the year ended December
31, 2021 filed with the US Securities and Exchange Commission on March 29,
2022, Burford's interim report on Form 6-K furnished to the US Securities and
Exchange Commission on August 9, 2022 and other reports or documents that
Burford files with, or furnishes to, the SEC from time to time. In addition,
even if Burford's results of operations, including its financial position and
liquidity, and the development of the industry in which it operates are
consistent with the forward-looking statements contained in this announcement,
those results of operations or developments may not be indicative of results
of operations or developments in subsequent periods.

 

Except as required by law, Burford undertakes no obligation to update or
revise the forward-looking statements contained in this announcement, whether
as a result of new information, future events or otherwise.

 

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Craig Arnott
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of Deputy 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                  Volume(s)
    552.50p                                                                                                            125,447 (total vesting)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Craig Arnott
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of Deputy 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan. After the settlement of tax, the individual described above received net
                                                                             61,407 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                  Volume(s)
    (i)    $6.75                                                                                                       125,447 (total vesting)
    (ii)   $6.75                                                                                                       61,407 (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             215,136

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Mark Klein
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of General Counsel and Chief Administrative
                                                                             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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan.  After the settlement of tax, the individual described above received
                                                                             net 26,742 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    (i)            $6.75                                                                                              41,816 (total vesting)

    (ii)           $6.75                                                                                              26,742 (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Mark Klein
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of General Counsel and Chief Administrative
                                                                             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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Jordan Licht
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of Chief Financial 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan.  After the settlement of tax, the individual described above received
                                                                             net 62,599 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    (i)            $6.75                                                                                              125,447 (total vesting)

    (ii)           $6.75                                                                                              62,599 (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             215,136

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Elizabeth O'Connell
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of Chief Strategy 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan.  After the settlement of tax, the individual described above received
                                                                             net 53,220 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    (i)            $6.75                                                                                              108,721 (total vesting)

    (ii)           $6.75                                                                                              53,220  (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 1  Details of the person discharging managerial responsibilities/person closely
    associated
    (a)     Name                                                             Elizabeth O'Connell
 2  Reason for the notification
    (a)     Position/status                                                  A PDMR occupying the position of Chief Strategy 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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 Co-Chief Operating 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan.  After the settlement of tax, the individual described above received
                                                                             net 53,111 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    (iii)          $6.75                                                                                              108,721 (total vesting)

    (iv)         $6.75                                                                                                53,111  (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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 Co-Chief Operating 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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 Co-Chief Operating 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Vesting of share award under the Burford Capital 2016 Long Term Incentive
                                                                             Plan.  After the settlement of tax, the individual described above received
                                                                             net 56,843 shares.
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    (v)          $6.75                                                                                                125,447 (total vesting)

    (vi)         $6.75                                                                                                56,843  (total net shares)

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 17, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

 

 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 Co-Chief Operating 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                                             GG00BMGYLN96
    (b)    Nature of the transaction                                         Grant of share award under the Burford Capital 2016 Long Term Incentive Plan
    (c)     Price(s)and volume(s)                                            Price(s)                                 Volume(s)
    $6.78                                                                                                             36,873

    (d)    Aggregated information                                            N/A

    ·    Aggregated volume

    ·    Price
    (e)    Date of the transaction                                           March 22, 2023

    (f)     Place of the transaction                                         Outside a trading venue

 

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