Notification of transactions by PDMRs

RNS Number : 7919I

Burford Capital Limited

13 August 2019

 

13 August 2019

Notification of transaction by person discharging managerial responsibilities

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

As outlined in previous announcements, Mr Molot purchased 690,606 shares last week following the release of Burford's response to the Muddy Waters report. Following those share purchases, Mr Molot yesterday purchased an additional 250,000 ordinary shares of nil par value in Burford ("Ordinary Shares") on the market at a price of 765 pence per share.

As a result of these transactions, Mr Molot controls a total of 9,500,000 Ordinary shares, amounting to 4.34% of the issued share capital.

The Notification of Dealing Form for the transaction mentioned above is included at the end of this announcement.

For further information, please contact:

Burford Capital Limited
Elizabeth O'Connell, CFA, Chief Financial Officer	[phone]
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker	[phone]
Jonny Allison
Alex Reynolds
Liberum Capital Limited - Joint Broker	[phone]
Richard Crawley
Jamie Richards
Numis Securities Limited - Joint Broker	[phone]
Charlie Farquhar
Jonathan Abbott
Montfort Communications Limited - Financial Communications	[phone]
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	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)
		765p	250,000
	(d)    Aggregated information ·     Aggregated volume ·     Price	N/A
	(e)    Date of the transaction	12 August 2019
	(f)    Place of the transaction	London Stock Exchange AIM

 

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