Notification of transactions by PDMRs

RNS Number : 4625I
Burford Capital Limited
08 August 2019
 

8 August 2019

Notification of transactions by persons discharging managerial responsibilities

Burford Capital Limited ("Burford"), the leading global finance and investment management firm focused on law, has been notified of certain share purchases made this afternoon by Christopher P. Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer.

 

As outlined in previous announcements, Mr Bogart and Mr Molot can confirm that they have purchased shares following release of Burford's response to the Muddy Waters report. Mr Bogart purchased 123,747 ordinary shares of nil par value in Burford ("Ordinary Shares") and Mr Molot purchased 350,643 Ordinary Shares, in each case on the market at a price of 663.77 pence per share.

 

As a result of these transactions, Mr Bogart controls a total of 8,910,037 Ordinary Shares in Burford, amounting to 4.08% of the issued share capital and Mr Molot also controls a total of 8,910,037 Ordinary Shares in Burford, amounting to 4.08% of the issued share capital.

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

 

Elizabeth O'Connell, CFA, Chief Financial Officer

+1 212 235 6825

Macquarie Capital (Europe) Limited - NOMAD and Joint Broker

+44 (0)20 3037 2000

Jonny Allison

 

Alex Reynolds

 

Liberum Capital Limited - Joint Broker

+44 (0)20 3100 2222

Richard Crawley

 

Jamie Richards

 

Numis Securities Limited - Joint Broker

+44 (0)20 7260 1000

Charlie Farquhar

 

Jonathan Abbott

 

Montfort Communications Limited - Financial Communications

+44 (0)20 3770 7908

Robert Bailhache - email

 

 

About Burford Capital

Burford Capital is the 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, Chicago, Washington DC, Singapore and Sydney.

For more information about Burford: www.burfordcapital.com

 

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 /Amendment

Initial

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 the financial instrument, type of instrument

Ordinary shares of nil par value

 

Identification code

GG00B4L84979

 

(b)   Nature of the transaction

Purchase of ordinary shares

 

(c)    Price(s)and volume(s)

Price(s)

Volume(s)

663.77p

123,747

 

 

 

(d)   Aggregated information

·    Aggregated volume

·    Price

N/A

 

(e)    Date of the transaction

8 August 2019

 

(f)    Place of the transaction

London Stock Exchange AIM market

 

 

 

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 /Amendment

Initial

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 the financial instrument, type of instrument

Ordinary shares of nil par value

 

Identification code

GG00B4L84979

 

(b)   Nature of the transaction

Purchase of ordinary shares

 

(c)    Price(s)and volume(s)

Price(s)

Volume(s)

663.77p

350,643

 

 

 

(d)   Aggregated information

·    Aggregated volume

·    Price

N/A

 

(e)    Date of the transaction

8 August 2019

 

(f)    Place of the transaction

London Stock Exchange AIM market

 


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