TIDMBUR

RNS Number : 7728M

Burford Capital

01 August 2017

1 August 2017

STATEMENT RE: NEW PORTFOLIO FINANCING TRANSACTION

Burford Capital Limited ("Burford"), a leading global finance and investment management firm focused on law, today issued the following statement:

It is Burford's practice regularly to release marketing and promotional news that is not financially material to Burford's business using media channels other than RNS. Such news is included on Burford's web site, often appears in the legal trade press and is an important part of Burford's client acquisition and marketing strategy.

Yesterday, Burford and a UK law firm, Shepherd and Wedderburn, jointly announced a portfolio financing transaction, the details of which can be found on Burford's web site and which is believed to be the first such transaction with a pure UK law firm. That transaction is not financially material to Burford and is part of the normal course of our business. Nonetheless, we are delighted to have announced the transaction and to be working with Shepherd and Wedderburn to explore the benefits of portfolio finance for the firm's growing practice.

For further information, please contact:

 
   Macquarie Capital (Europe) Limited       +44 (0)20 3037 
    - NOMAD and Joint Broker                 2000 
   Jonny Allison 
   Nicholas Harland 
 
   Liberum Capital Limited - Joint          +44 (0)20 3100 
    Broker                                   2222 
   Richard Crawley 
   Jamie Richards 
 
   Numis Securities Limited - Joint         +44 (0)20 7260 
    Broker                                   1000 
   Charlie Farquhar 
   Andrew Holloway 
 
   Neustria Partners - Financial            +44 (0)20 3021 
    Communications for Burford Capital       2580 
   Robert Bailhache [email] 
   Charles Gorman [email] 
   Nick Henderson [email] 
 
                                            +1 212 235 
   Burford Capital Limited                   6825 
   Elizabeth O'Connell, CFA, Managing 
    Director 
 

About Burford Capital

Burford Capital is a leading global finance and investment management firm focused on law. Its businesses include litigation finance and risk management, asset recovery and a wide range of legal finance and advisory activities. Burford is publicly traded on the London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London and Chicago.

For more information about Burford: www.burfordcapital.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPCSSEFEFFWSEEA

(END) Dow Jones Newswires

August 01, 2017 08:24 ET (12:24 GMT)

Burford Capital (LSE:BUR)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Burford Capital Charts.
Burford Capital (LSE:BUR)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Burford Capital Charts.