REG - Burford Capital Ltd - Result of AGM

Burford CapitalAnnouncement

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RNS Number : 3538E  Burford Capital Limited  14 May 2026

 

May 14, 2026

 

 

Burford Capital Announces Results of the 2026 AGM

 

Burford Capital Limited ("Burford" or the "Company"), the leading global
finance and asset management firm focused on law, is pleased to announce that
all of the resolutions proposed at its annual general meeting of shareholders
held on May 13, 2026 (the "2026 AGM") were approved by shareholders,
including, among others, the election of Rick Noel as a new director of
Burford and the approval of a final dividend of 6.25¢ (United States cents)
per ordinary share, no par value ("Ordinary Share"), to be paid on June 12,
2026 to all ordinary shareholders on the register of shareholders of the
Company at the close of business on May 22, 2026.

 

The total number of Ordinary Shares voted in person or by proxy at the 2026
AGM was 152,939,775, representing approximately 70.02% of 218,422,440 Ordinary
Shares outstanding as of March 16, 2026 record date and entitled to vote at
the 2026 AGM. The Company's shareholders passed (i) resolutions 1 through 11
and 13 through 14 submitted to a vote of shareholders at the 2026 AGM by the
requisite simple majority of the votes cast by persons entitled to vote and
(ii) resolutions 15 and 16 submitted to a vote of shareholders at the 2026 AGM
by the requisite no less than 75% of the votes cast by persons entitled to
vote. In addition, shareholders approved, on an advisory basis, resolution 12
(the advisory Say-on-Pay vote (as defined below)). For more information
regarding these matters, please refer to the Company's definitive proxy
statement in connection with the 2026 AGM filed with the US Securities and
Exchange Commission on April 2, 2026 (the "Proxy Statement").

 

The final voting results for each resolution submitted to a vote of
shareholders at the 2026 AGM are as follows:

 

Resolutions 1 through 7-To re-elect or elect, as applicable, each of the
director nominees listed below as a director of the Company for a term
expiring at the close of the next annual general meeting of the Company.

 

                               Votes For        %           Votes Against      %           Abstentions*      Broker Non-Votes*
 Rukia Baruti Dames            126,895,133      94.61%      7,219,744          5.38%       1,975,116         16,849,782
 Christopher Bogart            130,297,140      96.90%      4,162,324          3.09%       1,630,529         16,849,782
 Pamela Corrie                 128,188,987      95.58%      5,919,084          4.41%       1,981,922         16,849,782
 Robert Gillespie              125,042,902      93.00%      9,400,071          6.99%       1,647,020         16,849,782
 Christopher Halmy             127,348,261      94.71%      7,100,867          5.28%       1,640,865         16,849,782
 Rick Noel                     128,385,711      95.47%      6,081,385          4.52%       1,622,897         16,849,782
 John Sievwright               113,422,751      84.78%      20,361,138         15.21%      2,306,104         16,849,782

 

Resolution 8-To declare a final dividend of 6.25¢ (United States cents) per
Ordinary Share and to pay such final dividend on June 12, 2026 to all ordinary
shareholders on the register of shareholders of the Company at the close of
business on May 22, 2026.

 

 Votes For        %           Votes Against      %          Abstentions*
 146,418,341      96.73%      4,937,683          3.26%      1,583,751

 

Resolution 9-To reappoint KPMG LLP as the Company's external auditor and
independent registered public accounting firm until the next general meeting
of the Company at which accounts are laid.

 

 Votes For        %           Votes Against      %          Abstentions*
 151,187,720      99.89%      153,281            0.10%      1,598,774

 

Resolution 10-To authorize the audit committee of the board of directors of
the Company (the "Board of Directors") on behalf of the Board of Directors to
agree to the compensation of the Company's external auditor.

 

 Votes For        %           Votes Against      %          Abstentions*
 150,009,858      99.11%      1,346,109          0.88%      1,583,808

 

Resolution 11-To receive the Company's accounts for the year ended December
31, 2025 and the report of the Board of Directors and the external auditor
thereon.

 

 Votes For        %           Votes Against      %          Abstentions*
 149,926,115      99.89%      157,822            0.10%      2,855,838

 

Resolution 12-To approve, on an advisory basis, the compensation of the
Company's named executive officers as disclosed in the Proxy Statement under
"Executive compensation", including the compensation discussion and analysis,
the compensation tables and the related narrative discussion included therein
(the "Say-on-Pay vote").

 

 Votes For       %           Votes Against      %           Abstentions*      Broker Non-Votes*
 95,786,299      72.92%      35,562,764         27.07%      4,740,930         16,849,782

 

Resolution 13-To authorize the Board of Directors to allot and/or issue
unissued Ordinary Shares in the Company and grant rights to subscribe for, or
to convert any security into, Ordinary Shares in the Company up to a specified
amount.

 

 Votes For        %           Votes Against      %          Abstentions*
 145,610,677      96.23%      5,697,033          3.76%      1,632,065

 

Resolution 14-To authorize the Company to make market acquisitions of its
Ordinary Shares up to a specified amount.

 

 Votes For        %           Votes Against      %          Abstentions*
 148,284,344      98.01%      3,009,217          1.98%      1,646,214

 

Resolution 15-To authorize the Board of Directors to allot and/or issue equity
securities of the Company for cash without making a pre-emptive offer to
shareholders (subject to the limitations set forth in Resolution 15).

 

 Votes For        %           Votes Against      %          Abstentions*
 146,623,467      96.90%      4,689,197          3.09%      1,627,111

 

Resolution 16-To authorize the Board of Directors to allot and/or issue equity
securities of the Company for cash without making a pre-emptive offer to
shareholders (subject to the limitations set forth in Resolution 16) for an
acquisition or specified capital investment.

 

 Votes For        %           Votes Against      %          Abstentions*
 146,034,460      96.52%      5,258,902          3.47%      1,646,413

 

* Abstentions and broker non‐votes are not considered votes cast and do not
impact the outcome of the vote on any resolution.

 

 

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, Communications - email               +1 646 504 7074
 (mailto:media@burfordcapital.com)

 Deutsche Numis - NOMAD and Joint Broker                                       +44 (0)20 7545 8000
 Duncan Monteith
 Charlie Farquhar

 BofA Securities - Joint Broker                                                +44 (0)20 7628 1000
 Peter Luck
 David Lloyd

 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

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 Burford 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, 2025
filed with the US Securities and Exchange Commission on February 26, 2026.
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.

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