TIDMBUR
RNS Number : 2871Q
Burford Capital Limited
27 June 2022
27 June 2022
BURFORD CAPITAL LIMITED
Notification of transaction by person discharging managerial
responsibility
Burford Capital Limited, the leading global finance and asset
management firm focused on law, has been notified of certain
transactions in Burford's ordinary shares of nil par value
("Shares") by Andrea Muller, non-executive director.
Ms Muller purchased 10,000 Shares on the New York Stock Exchange
between June 21 and June 23, 2022, at an average price of $8.88 per
Share.
The Notification of Dealing Form for the transactions mentioned
above is included at the end of this announcement.
For further information, please contact:
Burford Capital Limited
For investor and analyst inquiries:
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
For press inquiries:
David Helfenbein, Vice President, Public Relations +1 (212) 235
- email 6824
Numis Securities Limited - NOMAD and Joint +44 (0)20 7260
Broker 1000
Giles Rolls
Charlie Farquhar
+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, DC, Singapore, Sydney and Hong Kong.
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, 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.
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Andrea Muller
-------------------------------------- ------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Non-Executive Director
(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 Purchase of ordinary shares
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------------- -----------
i. $8.95 200
ii. $8.95 300
iii. $8.98 500
iv. $9.02 500
v. $9.02 500
vi. $9.03 2,000
vii. $8.76 500
viii. $8.77 500
ix. $8.77 500
x. $8.77 500
xi. $8.77 500
xii. $8.77 500
xiii. $8.78 500
xiv. $8.78 500
xv. $8.79 500
xvi. $8.89 500
xvii. $8.82 500
xviii. $8.82 500
(d) Aggregated information
* Volume 10,000
$8.88
* Price
(e) Date of the transactions 21 to 23 June 2022
(f) Place of the transaction New York Stock Exchange
-------------------------------------- ----------------------------------------
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END
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