REG - Burford Capital Ltd - Result of AGM

Burford CapitalAnnouncement

20/05/2022 17:45

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RNS Number : 3366M  Burford Capital Limited  20 May 2022

 

20 May 2022

 

 

BURFORD CAPITAL REPORTS RESULTS OF THE 2022 ANNUAL GENERAL MEETING

 

Burford Capital Limited, 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 held on May 18, 2022 were approved by shareholders,
including, among others, the approval of a final dividend of 6.25 US cents per
ordinary share to be paid on June 17, 2022 to all ordinary shareholders on the
register of members at the close of business on May 27, 2022 and the
appointment of Christopher Halmy as a new director.

 

The votes received are detailed below:

 

 Ordinary Resolutions                                                            Total votes for  Total votes against  Total votes withheld
 1.    To receive the accounts for the year ended 31 December 2021 and the       107,165,019      10,295               135,000
 directors' and auditors' reports thereon
 2.    To declare a final dividend of 6.25¢ (United States cents) per            106,820,085      489,965              264
 ordinary share
 3.    To re-appoint Hugh Steven Wilson as director                              98,118,849       8,425,685            765,780

 4.    To re-appoint Christopher Bogart as director                              107,186,856      88,876               34,582

 5.    To re-appoint Robert Gillespie as director                                103,267,640      4,019,749            22,925

 6.    To re-appoint Andrea Muller as director                                   106,803,038      471,711              35,565

 7.    To re-appoint Charles Parkinson as director                               106,656,670      630,719              22,925

 8.    To re-appoint John Sievwright as director                                 107,263,178      12,911               34,225

 9.    To appoint Christopher Halmy as director                                  107,249,008      10,268               51,038

 10.  To re-appoint Ernst & Young LLP as Burford's auditors                      107,167,722      138,322              4,270

 11.  To authorize the directors to agree to the auditors' remuneration          107,171,145      134,655              4,514
 12.  To authorize the directors to allot and/or issue Burford's ordinary        105,184,172      2,061,548            64,594
 shares up to a specified amount
 13.  To authorize Burford to purchase its ordinary shares up to a specified     107,253,364      11,122               45,828
 amount
 Special Resolutions
 14.  To authorize the directors to allot and/or issue equity securities for     105,058,549      2,130,049            121,716
 cash without making a pre-emptive offer to shareholders (subject to the
 limitation set out in the resolution)
 15.  To authorize the directors to allot and/or issue ordinary shares for       104,074,441      3,102,857            133,016
 cash without making a pre-emptive offer to shareholders (subject to the
 limitation set out in the resolution) for an acquisition or specified capital
 investment

 

 

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, 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 US Securities and Exchange Commission on
March 29, 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
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.

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