REG - Burford Capital Ltd - PDMR Shareholding and Transaction in Own Shares
16/08/2022 14:00
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RNS Number : 0753W Burford Capital Limited 16 August 2022
16 August 2022
BURFORD CAPITAL LIMITED
Notification of transactions by persons discharging managerial
responsibilities
and
Transaction in own shares
Burford Capital Limited ("Burford" or the "Company"), 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").
Burford also provides an update in connection with the number of Burford's
ordinary shares of nil par value ("Shares") held as treasury shares.
Estate planning by Mr Molot
On August 11, 2022, 0.343% and 0.022% interests in Jonathan Molot LLC ("JM
LLC"), a company which is controlled by Chief Investment Officer Jonathan
Molot and which holds 6,000,000 Shares, were transferred from Mr Molot to
Jonathan T. Molot 2020 Trust and Jonathan T. Molot May 2021 Trust,
respectively. In addition, on August 11, 2022, 14.179% interest in Jonathan T.
Molot 2020 Trust was transferred to Jonathan T. Molot 2017 Remainder Trust.
Ongoing annual movement of ownership interests in JM LLC back-and-forth
between Mr Molot and annual trusts established by Mr Molot, of which he and
his family members are the beneficiaries, is expected as a normal part of the
US estate planning undertaken.
On August 12, 2022, Mr Molot transferred certain additional interests in JM
LLC as follows:
· 0.223% to Jonathan T. Molot 2020 Trust No. 2;
· 0.011% to Jonathan T. Molot May 2021 Trust;
· 0.159% to Jonathan T. Molot 2022 Trust;
· 0.578% to Jonathan T. Molot 2017 Remainder Trust;
· 0.049% to Jonathan T. Molot 2021 Trust; and
· 13.936% to Jonathan T. Molot August 2022 Trust.
In addition, on August 12, 2022, Jonathan T. Molot 2020 Trust No. 2
transferred 18.535% interest in JM LLC to Mr Molot.
The Notification of Dealing Forms for each of the transactions set forth above
are included at the end of this announcement.
Transaction in Own Shares and Total Voting Rights
On June 24, 2022, 468,000 Shares that were acquired by Burford (or its
subsidiary, Burford Capital LLC) to satisfy awards under various Burford
compensation schemes were transferred from Burford Capital LLC into treasury
at Burford Capital Limited.
In accordance with the UK Financial Conduct Authority's Disclosure Guidance
and Transparency Rule 5.6.1, the issued share capital of the Company is
219,049,877 Shares of which 468,000 are held in Treasury. The total number
of voting rights in the Company, excluding Treasury shares will therefore be
218,581,877 (the 'Figure').
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
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 principal offices in New York, London, Chicago, Washington, DC,
Singapore, Sydney and Hong Kong.
For more information, please visit www.burfordcapital.com
(http://www.burfordcapital.com) .
This communication shall not constitute an offer to sell or the solicitation
of an offer to buy any ordinary shares or other securities of Burford.
This release does not constitute an offer of any Burford fund. Burford Capital
Investment Management LLC, which acts as the fund manager of all Burford
funds, is registered as an investment adviser with the US 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.
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,
we and our representatives may from time to time make other oral or written
statements which are forward-looking statements, including in our periodic
reports that we file with, or furnish to, the US Securities and Exchange
Commission (the "SEC"), other information sent to our 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.
We caution you that forward-looking statements are not guarantees of future
performance and are based on numerous assumptions, expectations, projections,
intentions and beliefs and that our actual results of operations, including
our financial position and liquidity, and the development of the industry in
which we operate 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 we expect include those discussed under "Risk Factors" in our annual
report on Form 20-F filed with the SEC on March 29, 2022, our interim report
on Form 6-K filed with the SEC on August 9, 2022 and other reports or
documents that we file with, or furnish to, the US Securities and Exchange
Commission from time to time. In addition, even if our results of operations,
including our financial position and liquidity, and the development of the
industry in which we operate 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, we undertake 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 Jonathan T. 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 0.343288% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot 2020 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 20,597.27
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2020 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.343288% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 20,597.27
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.021688% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot May 2021 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 1,301.26
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2020 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.021688% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 1,301.26
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2020 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 14.179387% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to the Jonathan T. Molot 2017 Remainder Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 850,763.21
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2017 Remainder Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 14.179387% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot 2020 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.575 850,763.21
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 11 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.222565% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot 2020 Trust No. 2
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 13,353.87
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2020 Trust No.2
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.222565% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 13,353.87
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.011173% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot May 2021 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 670.39
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot May 2021 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.011173% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 670.39
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.159294% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot 2022 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 9,557.62
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2022 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.159294% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 9,557.62
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.578057% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot 2017 Remainder Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 34,683.42
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2017 Remainder Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.578057% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 34,683.42
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 0.049100% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot 2021 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 2,946.02
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2021 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 0.049100% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 2,946.02
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 13.935546% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot August 2022 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 836,132.75
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot August 2022 Trust
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 13.935546% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 836,132.75
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. Molot 2020 Trust No.2
2 Reason for the notification
(a) Position/status A person closely associated with Jonathan Molot, 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 18.535114% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests to Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 1,112,106.84
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
1 Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Jonathan T. 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 18.535114% interest in Jonathan Molot LLC, which holds 6,000,000 shares in
Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests from Jonathan T. Molot 2020 Trust No.2
(c) Price(s)and volume(s) Price(s) Volume(s)
$10.385 1,112,106.84
(d) Aggregated information N/A
· Aggregated volume
· Price
(e) Date of the transaction 12 August 2022
(f) Place of the transaction N/A
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