TIDMBUR

RNS Number : 5628U

Burford Capital Limited

06 April 2021

6 April 2021

BURFORD CAPITAL LIMITED

Notification of Transactions by Persons Discharging Managerial Responsibilities

Burford Capital Limited, the leading global finance and asset management firm focused on law, provides the following notification of transactions by various persons discharging managerial responsibilities ("PDMR").

In addition to the share purchases announced last week, on March 31, 2021, Christopher Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer, each purchased 77,634 shares of Burford on the NYSE at an average price of $8.85 per share as part of their broader acquisition of shares as detailed in Burford's 2020 Annual Report. As a result of these transactions, Mr Bogart controls a total of 9,119,988 shares, and Mr Molot controls a total of 9,733,101 shares.

On April 1, 2021, John Sievwright, one of Burford's non-executive directors, purchased 250 6.25% US Dollar denominated bonds due April 15, 2028 issued by Burford Capital Global Finance LLC at a price of $1033.75 per bond.

Burford also reports on various PDMR transactions with respect to the Burford Capital 2016 Long Term Incentive Plan ("LTIP Plan"). The table below shows (i) the March 30, 2021 vesting of awards granted in prior years following the satisfaction of the performance conditions related thereto and (ii) new grants made on March 31, 2021, 50% of which are subject to performance conditions.

 
 PDMR                   Number of         Number           Number of net shares      Total number 
                         shares granted    of previously    delivered following       of shares 
                         on March          granted          the March 30, 2021        held by the 
                         31, 2021          shares           vesting to the            PDMR including 
                         under LTIP        vesting          PDMRs following           unvested LTIP 
                         Plan:             under the        tax withholding           shares: 
                                           LTIP Plan:       (some of the PDMRs 
                                                            elected to pay 
                                                            the taxes themselves): 
 Craig Arnott           75,496            2,960            1,569                     240,122 
                       ----------------  ---------------  ------------------------  ---------------- 
 Christopher Bogart     225,610           -                                          9,471,045 
                       ----------------  ---------------  ------------------------  ---------------- 
 Jim Kilman             2,325             2,960            2,960                     870,330 
                       ----------------  ---------------  ------------------------  ---------------- 
 Mark Klein             35,138            5,918            3,908                     98,066 
                       ----------------  ---------------  ------------------------  ---------------- 
 Jonathan Molot         225,610           -                                          10,084,158 
                       ----------------  ---------------  ------------------------  ---------------- 
 Elizabeth O'Connell    42,112            14,794           14,794                    241,851 
                       ----------------  ---------------  ------------------------  ---------------- 
 David Perla            105,903           -                                          262,296 
                       ----------------  ---------------  ------------------------  ---------------- 
 Aviva Will             47,923            22,190           16,355                    436,081 
                       ----------------  ---------------  ------------------------  ---------------- 
 

The Notification of Dealing Forms for each of the transactions mentioned above are included at the end of this announcement.

For further information, please contact:

 
   Burford Capital Limited 
   Jim Kilman, Chief Financial Officer                    +1 917 985 9840 
   Robert Bailhache, Head of Investor Relations,          +44 (0)20 3530 
    EMEA and Asia - email                                  2023 
   Jim Ballan, Head of Investor Relations, Americas       +1 (646) 793 
    - email                                                9176 
 
   Numis Securities Limited - NOMAD and Joint             +44 (0)20 7260 
    Broker                                                 1000 
   Kevin Cruickshank (NOMAD) 
   Charlie Farquhar / Jonathan Abbott (Joint Broker) 
 
                                                          +44 (0)20 7029 
   Jefferies International Limited - Joint Broker          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 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, Singapore and Sydney.

For more information, please visit 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 ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. 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 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 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 and that our actual results of operations, including our financial condition 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 report. 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 24, 2021. In addition, even if our results of operations, including our financial condition and liquidity and the development of the industry in which we operate, are consistent with the forward-looking statements contained in this report, those results 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 report, whether as a result of new information, future events, a change in our views or expectations or otherwise.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Christopher Bogart 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Executive Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGYLN96 
      (b) Nature of the transaction                  Purchase of Ordinary Shares 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.8553           77,634 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       New York Stock Exchange 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                            Jonathan Molot 
     ----------------------------------  ----------------------------------------- 
 2    Reason for the notification 
      (a) Position/status                 A PDMR occupying the position of 
                                           Chief Investment Officer 
      (b) Initial notification            Initial 
       /Amendment 
     ----------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                            Burford Capital Limited 
      (b) LEI                             549300FUKUWFYJMT2277 
     ----------------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                  Ordinary shares 
       the financial instrument, 
       type of instrument 
      Identification code                 GG00BMGYLN96 
      (b) Nature of the transaction       Purchase of Ordinary Shares 
      (c) Price(s)and volume(s)           Price(s)           Volume(s) 
                                         -----------------  ---------------------- 
                                          $8.8553            77,634 
 
            (d) Aggregated information    N/A 
              *    Aggregated volume 
 
 
              *    Price 
      (e) Date of the transaction         March 31, 2021 
      (f) Place of the transaction        New York Stock Exchange 
     ----------------------------------  ----------------------------------------- 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                            John Sievwright 
     ----------------------------------  ----------------------------------------- 
 2    Reason for the notification 
      (a) Position/status                 A PDMR occupying the position of 
                                           Non-Executive Director of Burford 
                                           Capital Limited 
      (b) Initial notification            Initial 
       /Amendment 
     ----------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                            Burford Capital Global Finance 
                                           LLC 
      (b) LEI                             549300JVAOO67CSCH406 
     ----------------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                  6.25% US Dollar denominated bonds 
       the financial instrument,           due April 15, 2028 at 100 per cent. 
       type of instrument                  of their principal amount of Burford 
                                           Capital Limited's subsidiary Burford 
                                           Capital Global Finance LLC 
      Identification code                 USU1056LAA99 
      (b) Nature of the transaction       Purchase of Bonds 
      (c) Price(s)and volume(s)           Price(s)           Volume(s) 
                                         -----------------  ---------------------- 
                                          $1033.75           250 
 
        (d) Aggregated information        N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction             April 1, 2021 
  (f) Place of the transaction            Outside a Trading Venue 
 --------------------------------------  ----------------------------------------- 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
  (a) Name                                Craig Arnott 
 --------------------------------------  ----------------------------------------- 
 2    Reason for the notification 
  (a) Position/status                     A PDMR occupying the position of 
                                           Deputy Chief Investment Officer 
  (b) Initial notification                Initial 
   /Amendment 
 --------------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
  (a) Name                                Burford Capital Limited 
  (b) LEI                                 549300FUKUWFYJMT2277 
 --------------------------------------  ----------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
  (a) Description of                      Ordinary shares of nil par value 
   the financial instrument, 
   type of instrument 
  Identification code                     GG00BMGYLN96 
  (b) Nature of the transaction           Vesting of share award under the 
                                           Burford Capital 2016 Long Term 
                                           Incentive Plan. After the settlement 
                                           of tax, the individual described 
                                           above received net 1,569 shares. 
  (c) Price(s)and volume(s)               Price(s)           Volume(s) 
                                         -----------------  ---------------------- 
                                               (i) 604.50    2,960 (total vesting) 
                                               (ii) 604.50   1,569 (total net 
                                                              shares) 
        (d) Aggregated information        N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction             March 30, 2021 
  (f) Place of the transaction            Outside a trading venue 
 --------------------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Craig Arnott 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Deputy Chief Investment Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     591.7p            75,496 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Christopher Bogart 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Executive Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             225,610 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Jim Kilman 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Financial Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGYLN96 
      (b) Nature of the transaction                  Vesting of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.37             2,960 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 30, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Jim Kilman 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Financial Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             2,325 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1   Details of the person discharging managerial responsibilities/person 
      closely associated 
     (a) Name                              Mark Klein 
    ------------------------------------  -------------------------------------------- 
 2   Reason for the notification 
     (a) Position/status                   A PDMR occupying the position of 
                                            General Counsel and Chief Administrative 
                                            Officer 
     (b) Initial notification              Initial 
      /Amendment 
    ------------------------------------  -------------------------------------------- 
 3   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     (a) Name                              Burford Capital Limited 
     (b) LEI                               549300FUKUWFYJMT2277 
    ------------------------------------  -------------------------------------------- 
 4   Details of the transaction(s): section to be repeated 
      for (i) each type of instrument; (ii) each type of transaction; 
      (iii) each date; and (iv) each place where transactions 
      have been conducted 
     (a) Description of                    Ordinary shares of nil par value 
      the financial instrument, 
      type of instrument 
     Identification code                   GG00BMGYLN96 
     (b) Nature of the transaction         Vesting of share award under the 
                                            Burford Capital 2016 Long Term 
                                            Incentive Plan. After the settlement 
                                            of tax, the individual described 
                                            above received net 3,908 shares. 
     (c) Price(s)and volume(s)             Price(s)       Volume(s) 
                                          -------------  ----------------------------- 
                                           $8.37          5,918 (total vesting) 
                                           $8.37          3,908 (total net 
                                                           shares) 
           (d) Aggregated information      N/A 
             *    Aggregated volume 
 
 
             *    Price 
     (e) Date of the transaction           March 30, 2021 
     (f) Place of the transaction          Outside a trading venue 
    ------------------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Mark Klein 
     ---------------------------------------------  -------------------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      General Counsel and Chief Administrative 
                                                      Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  -------------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)               Volume(s) 
                                                    ---------------------  --------------------- 
                                                     $8.20                  35,138 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Jonathan Molot 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Investment Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             225,610 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Elizabeth O'Connell 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Strategy Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGYLN96 
      (b) Nature of the transaction                  Vesting of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.37             14,794 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 30, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Elizabeth O'Connell 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Chief Strategy Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             42,112 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       David Perla 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Co-Chief Operating Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             105,903 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 
 
 1   Details of the person discharging managerial responsibilities/person 
      closely associated 
     (a) Name                              Aviva Will 
    ------------------------------------  ---------------------------------------- 
 2   Reason for the notification 
     (a) Position/status                   A PDMR occupying the position of 
                                            Co-Chief Operating Officer 
     (b) Initial notification              Initial 
      /Amendment 
    ------------------------------------  ---------------------------------------- 
 3   Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     (a) Name                              Burford Capital Limited 
     (b) LEI                               549300FUKUWFYJMT2277 
    ------------------------------------  ---------------------------------------- 
 4   Details of the transaction(s): section to be repeated 
      for (i) each type of instrument; (ii) each type of transaction; 
      (iii) each date; and (iv) each place where transactions 
      have been conducted 
     (a) Description of                    Ordinary shares of nil par value 
      the financial instrument, 
      type of instrument 
     Identification code                   GG00BMGYLN96 
     (b) Nature of the transaction         Vesting of share award under the 
                                            Burford Capital 2016 Long Term 
                                            Incentive Plan. After the settlement 
                                            of tax, the individual described 
                                            above received net 10,381 shares. 
     (c) Price(s)and volume(s)             Price(s)     Volume(s) 
                                          -----------  --------------------------- 
                                           $8.37        22,190 (total vesting) 
                                           $8.37        16,355 (total net 
                                                         shares) 
           (d) Aggregated information      N/A 
             *    Aggregated volume 
 
 
             *    Price 
     (e) Date of the transaction           March 30, 2021 
     (f) Place of the transaction          Outside a trading venue 
    ------------------------------------  ---------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Aviva Will 
     ---------------------------------------------  ----------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Co-Chief Operating Officer 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Limited 
      (b) LEI                                        549300FUKUWFYJMT2277 
     ---------------------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
      (a) Description of                             Ordinary shares of nil par value 
       the financial instrument, 
       type of instrument 
      Identification code                            GG00BMGjjYLN96 
      (b) Nature of the transaction                  Grant of share award under the 
                                                      Burford Capital 2016 Long Term 
                                                      Incentive Plan 
      (c) Price(s)and volume(s)                      Price(s)          Volume(s) 
                                                    ----------------  ----------------- 
                                                     $8.20             47,923 
 
        (d) Aggregated information                   N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                        March 31, 2021 
  (f) Place of the transaction                       Outside a trading venue 
 -------------------------------------------------  ----------------------------------- 
 

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April 06, 2021 11:31 ET (15:31 GMT)

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