REG - Burford Capital Ltd - Transaction in Own Shares
26/03/2024 07:00
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240326:nRSZ2307Ia&default-theme=true
RNS Number : 2307I Burford Capital Limited 26 March 2024
March 26, 2024
Transaction In Own Shares
Burford Capital Limited (the "Company"), the leading global finance and asset
management firm focused on law, today announces that, in accordance with the
terms of its program announced on March 18, 2024 to purchase its ordinary
shares, no par value per share ("Ordinary Shares"), up to a maximum aggregate
amount of £5.0 million (the "Program") in connection with future obligations
under the Company's Deferred Compensation Plan, the Company purchased the
following number of Ordinary Shares through Numis Securities Limited
("Numis").
Date of purchase: March 25, 2024
Aggregate number of Ordinary Shares purchased: 51,415
Lowest price paid per Ordinary Share (GBp): 1194.00
Highest price paid per Ordinary Share (GBp): 1220.00
Volume weighted average price paid per Ordinary Share (GBp): 1205.7053
Ordinary Shares purchased pursuant to the Program will be initially held by
the Company in treasury. Following the purchase and settlement of these
Ordinary Shares, the Company's issued ordinary share capital is 219,316,028,
of which 590,879 Ordinary Shares are held in treasury and do not have any
voting rights. Therefore, the total number of voting rights in the Company,
excluding treasury shares, will be 218,725,149 after giving effect to the
purchases described above. This figure for the total number of voting rights
may be used by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest in the
Company under the FCA's Disclosure Guidance and Transparency Rules.
In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No.
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018, the table below contains detailed information with respect to the
individual trades made by Numis as part of the Program.
Individual trades information:
Number of Ordinary Shares purchased Transaction price (pence per Ordinary Share) Time of transaction (GMT) Trading venue
246 1211.00 08:42:44 AIMX
44 1215.00 08:45:19 AIMX
31 1215.00 08:45:20 AIMX
90 1215.00 08:45:20 AIMX
333 1215.00 08:45:20 AIMX
47 1215.00 08:45:20 AIMX
502 1215.00 08:46:46 AIMX
50 1215.00 08:46:46 AIMX
10 1216.00 08:46:46 AIMX
10 1215.00 08:46:50 AIMX
10 1215.00 08:46:55 AIMX
10 1215.00 08:46:57 AIMX
10 1215.00 08:47:01 AIMX
35 1218.00 08:58:54 AIMX
424 1218.00 08:58:54 AIMX
508 1217.00 08:59:01 AIMX
248 1219.00 09:12:54 AIMX
183 1219.00 09:12:54 AIMX
165 1217.00 09:20:19 AIMX
170 1217.00 09:20:19 AIMX
165 1217.00 09:20:19 AIMX
123 1218.00 09:31:59 AIMX
291 1218.00 09:31:59 AIMX
499 1219.00 09:43:02 AIMX
83 1219.00 09:57:01 AIMX
97 1219.00 09:57:01 AIMX
155 1220.00 09:57:30 AIMX
506 1219.00 10:09:05 AIMX
108 1212.00 10:21:59 AIMX
360 1212.00 10:21:59 AIMX
155 1208.00 10:32:25 AIMX
252 1208.00 10:32:25 AIMX
482 1208.00 10:45:40 AIMX
496 1205.00 11:00:06 AIMX
497 1201.00 11:05:51 AIMX
421 1201.00 11:29:00 AIMX
265 1204.00 11:41:52 AIMX
113 1206.00 11:42:19 AIMX
168 1206.00 11:42:19 AIMX
437 1205.00 11:46:02 AIMX
499 1200.00 11:54:44 AIMX
457 1202.00 12:06:27 AIMX
444 1202.00 12:19:19 AIMX
491 1201.00 12:22:19 AIMX
298 1197.00 12:32:29 AIMX
195 1197.00 12:32:29 AIMX
42 1197.00 12:39:16 AIMX
201 1197.00 12:39:16 AIMX
41 1197.00 12:39:16 AIMX
131 1197.00 12:39:16 AIMX
454 1198.00 12:51:15 AIMX
450 1198.00 13:01:55 AIMX
504 1198.00 13:08:21 AIMX
433 1198.00 13:17:49 AIMX
100 1198.00 13:23:27 AIMX
399 1198.00 13:23:27 AIMX
498 1198.00 13:27:23 AIMX
430 1203.00 13:30:10 AIMX
443 1201.00 13:32:11 AIMX
428 1201.00 13:33:31 AIMX
106 1201.00 13:33:31 AIMX
307 1201.00 13:33:35 AIMX
800 1202.00 13:36:27 AIMX
351 1202.00 13:36:27 AIMX
502 1204.00 13:38:03 AIMX
407 1204.00 13:40:33 AIMX
446 1202.00 13:40:34 AIMX
8 1203.00 13:43:59 AIMX
366 1203.00 13:45:10 AIMX
488 1203.00 13:45:10 AIMX
420 1205.00 13:49:22 AIMX
341 1205.00 13:49:22 AIMX
72 1205.00 13:49:22 AIMX
165 1203.00 13:50:53 AIMX
180 1203.00 13:50:53 AIMX
91 1203.00 13:50:53 AIMX
33 1203.00 13:50:53 AIMX
33 1204.00 13:50:53 AIMX
89 1204.00 13:50:53 AIMX
91 1204.00 13:50:53 AIMX
33 1205.00 13:50:53 AIMX
378 1208.00 13:55:33 AIMX
130 1208.00 13:55:33 AIMX
200 1207.00 14:06:29 AIMX
69 1207.00 14:06:29 AIMX
200 1207.00 14:06:29 AIMX
200 1207.00 14:06:29 AIMX
200 1207.00 14:06:29 AIMX
25 1207.00 14:06:29 AIMX
80 1207.00 14:06:29 AIMX
274 1207.00 14:06:29 AIMX
113 1207.00 14:06:29 AIMX
10 1207.00 14:06:29 AIMX
33 1207.00 14:06:29 AIMX
38 1207.00 14:06:29 AIMX
180 1207.00 14:06:29 AIMX
180 1207.00 14:06:29 AIMX
180 1207.00 14:06:29 AIMX
180 1207.00 14:06:29 AIMX
200 1208.00 14:08:43 AIMX
180 1208.00 14:08:43 AIMX
33 1208.00 14:08:43 AIMX
326 1212.00 14:14:22 AIMX
40 1213.00 14:14:37 AIMX
501 1213.00 14:15:24 AIMX
299 1213.00 14:15:24 AIMX
198 1213.00 14:15:24 AIMX
430 1211.00 14:17:24 AIMX
36 1211.00 14:17:24 AIMX
200 1211.00 14:20:48 AIMX
250 1211.00 14:20:48 AIMX
444 1212.00 14:22:02 AIMX
90 1211.00 14:23:51 AIMX
69 1211.00 14:23:51 AIMX
114 1211.00 14:23:51 AIMX
97 1211.00 14:23:51 AIMX
69 1211.00 14:23:51 AIMX
180 1210.00 14:28:23 AIMX
192 1210.00 14:28:23 AIMX
220 1210.00 14:28:23 AIMX
439 1208.00 14:29:17 AIMX
71 1212.00 14:35:42 AIMX
120 1212.00 14:35:42 AIMX
70 1212.00 14:35:42 AIMX
187 1212.00 14:35:51 AIMX
100 1212.00 14:35:51 AIMX
288 1212.00 14:35:51 AIMX
213 1212.00 14:35:51 AIMX
79 1212.00 14:36:51 AIMX
180 1213.00 14:36:51 AIMX
489 1212.00 14:37:15 AIMX
430 1212.00 14:41:49 AIMX
413 1211.00 14:42:02 AIMX
188 1211.00 14:45:12 AIMX
249 1211.00 14:45:51 AIMX
418 1212.00 14:48:09 AIMX
479 1212.00 14:49:58 AIMX
448 1210.00 14:53:08 AIMX
571 1211.00 14:55:42 AIMX
413 1210.00 14:56:23 AIMX
122 1210.00 15:00:28 AIMX
290 1210.00 15:00:28 AIMX
412 1208.00 15:01:30 AIMX
62 1207.00 15:01:30 AIMX
330 1208.00 15:01:30 AIMX
47 1209.00 15:01:30 AIMX
300 1205.00 15:06:53 AIMX
144 1205.00 15:06:53 AIMX
435 1205.00 15:08:53 AIMX
100 1205.00 15:10:53 AIMX
338 1205.00 15:10:53 AIMX
503 1205.00 15:13:17 AIMX
730 1202.00 15:18:32 AIMX
110 1201.00 15:18:32 AIMX
70 1201.00 15:18:32 AIMX
38 1201.00 15:18:33 AIMX
38 1201.00 15:18:33 AIMX
341 1201.00 15:18:33 AIMX
100 1203.00 15:21:23 AIMX
188 1203.00 15:21:23 AIMX
104 1203.00 15:21:23 AIMX
415 1203.00 15:22:34 AIMX
51 1204.00 15:24:40 AIMX
164 1204.00 15:24:40 AIMX
431 1200.00 15:25:35 AIMX
386 1204.00 15:27:36 AIMX
57 1204.00 15:27:36 AIMX
14 1204.00 15:30:41 AIMX
471 1204.00 15:30:41 AIMX
200 1204.00 15:33:41 AIMX
64 1204.00 15:33:41 AIMX
40 1204.00 15:33:41 AIMX
50 1204.00 15:33:41 AIMX
114 1204.00 15:33:41 AIMX
954 1205.00 15:39:35 AIMX
508 1205.00 15:39:35 AIMX
436 1204.00 15:43:02 AIMX
128 1205.00 15:46:03 AIMX
432 1205.00 15:46:33 AIMX
487 1205.00 15:47:33 AIMX
416 1204.00 15:50:13 AIMX
97 1204.00 15:51:51 AIMX
355 1204.00 15:51:51 AIMX
411 1202.00 15:53:31 AIMX
16 1202.00 15:56:22 AIMX
470 1202.00 15:56:22 AIMX
193 1203.00 16:02:27 AIMX
88 1203.00 16:02:27 AIMX
164 1203.00 16:02:27 AIMX
217 1203.00 16:02:27 AIMX
58 1203.00 16:02:27 AIMX
328 1203.00 16:02:27 AIMX
66 1203.00 16:04:13 AIMX
36 1203.00 16:04:13 AIMX
88 1203.00 16:04:13 AIMX
454 1202.00 16:04:17 AIMX
293 1200.00 16:06:30 AIMX
201 1200.00 16:06:30 AIMX
449 1200.00 16:09:13 AIMX
430 1197.00 16:10:31 AIMX
413 1197.00 16:12:31 AIMX
208 1197.00 16:14:31 AIMX
164 1197.00 16:14:31 AIMX
455 1197.00 16:15:31 AIMX
100 1194.00 16:17:15 AIMX
300 1194.00 16:17:15 AIMX
75 1194.00 16:17:15 AIMX
100 1194.00 16:20:09 AIMX
401 1194.00 16:20:09 AIMX
296 1194.00 16:20:09 AIMX
19 1194.00 16:20:09 AIMX
77 1194.00 16:20:09 AIMX
24 1194.00 16:20:09 AIMX
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)
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 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 that are forward-looking, including in its periodic reports
that Burford files with, or furnishes to, the US Securities and Exchange
Commission, other information made available 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 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, those
discussed under "Risk Factors" in Burford's annual report on Form 20-F for the
year ended December 31, 2022 filed with the US Securities and Exchange
Commission on May 16, 2023 and other reports or documents that Burford files
with, or furnishes to, the US Securities and Exchange Commission 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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END POSFLFLTVFIEFISRecent news on Burford Capital
See all newsREG - AIM - AIM Notice - 17/04/2024
AnnouncementREG - Burford Capital Ltd - Holding(s) in Company
AnnouncementREG - Burford Capital Ltd - Notice of 2024 AGM
AnnouncementREG - Burford Capital Ltd - Issuance of New Shares in Connection With LTIP
AnnouncementREG - Burford Capital Ltd - Notice of Retail Shareholder Call on June 20, 2024
Announcement