REG - Burford Capital Ltd - Statement re Petersen and Eton Park Matters

Burford CapitalAnnouncement

31/03/2023 16:15

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RNS Number : 0114V  Burford Capital Limited  31 March 2023

 

31 March 2023

 

 

JUDICIAL DECISION IN PETERSEN AND ETON PARK MATTERS

 

Burford Capital Limited, the leading global finance and asset management firm
focused on law, today announces that the Southern District Court of New York
has released its summary judgment decision on Burford's Petersen and Eton Park
claims against The Republic of Argentina and YPF. The decision can be found
through the Public Access to Court Electronic Records (PACER) system at
www.pacer.uscourts.gov (http://www.pacer.uscourts.gov) or on Burford's website
as soon as possible at http://investors.burfordcapital.com.
(http://investors.burfordcapital.com.) A further announcement will be made in
due course.

 

 

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
 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, Sydney, Hong Kong and Dubai.

 

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 SEC, 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.

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