Burford Capital Statement re New Portfolio Financing Transaction (7728M)
August 01 2017 - 7:24AM
UK Regulatory
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
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