Result of AGM

RNS Number : 5034Z
Burford Capital Limited
21 May 2021
 

 

 

21 May 2021

 

BURFORD CAPITAL APPOINTS HUGH STEVEN WILSON AS CHAIRMAN; REPORTS THAT ALL AGM ITEMS PASSED

 

Burford Capital Limited, the leading global finance and asset management firm focused on law , is pleased to announce that all resolutions proposed at its Annual General Meeting held on 18 May 2021 were approved by shareholders, including the approval of a final dividend of 12.5 US cents per ordinary share to be paid on 18 June 2021 to all ordinary shareholders on the register of members at the close of business on 28 May 2021, and the   appointment of Hugh Steven Wilson as chairman, replacing Sir Peter Middleton on his retirement.

 

The votes received are detailed below:

 

Ordinary Resolutions

Total votes for

Total votes against

Total votes withheld

1.  To receive the accounts for the year ended 31 December 2020 and the directors' and auditors' reports thereon

128,795,168

100

167,024

2.  To declare a final dividend of 12.5¢ (United States cents) per ordinary share

128,961,792

500

0

3.  To re-appoint Hugh Steven Wilson as a director

121,813,682

7,112,033

36,577

4.  To re-appoint Charles Parkinson as a director

115,503,087

13,422,628

36,577

5.  To re-appoint Robert Gillespie as a director

128,364,828

560,897

36,567

6.  To re-appoint John Sievwright as a director

128,598,619

327,096

36,577

7.  To re-appoint Christopher Bogart as a director

128,561,428

365,759

35,105

8.  To re-appoint Andrea Muller as a director

128,604,529

321,286

36,477

9.  To re-appoint Ernst & Young LLP as the Company's auditors

121,155,246

7,763,219

43,827

10.  To authorize the directors to agree the auditors' remuneration

121,299,113

7,619,316

43,863

11.  To authorize the directors to allot shares up to a specific amount

124,143,947

4,758,458

59,887

12.  To authorize the Company to purchase its own shares up to a specified amount

128,900,417

12,649

49,226

13.  To approve the rules of the Burford Capital Limited 2021 Non-Employee Directors' Share Plan

128,637,132

285,143

40,017

Special Resolutions




14.  To authorize the directors to allot shares for cash without making a pre-emptive offer to shareholders (subject to the limitation set out in the resolution)

127,379,951

1,535,552

46,789

15.  To authorize the directors to allot shares for cash without making a pre-emptive offer to shareholders (subject to the limitation set out in the resolution) for an acquisition or specified capital investment

125,787,615

3,128,434

46,243

 

 

 

For further information, please contact:

 

Burford Capital Limited


Robert Bailhache, Head of Investor Relations, EMEA and Asia - email

+44 (0)20 3530 2023

Jim Ballan, Head of Investor Relations, Americas - email

+1 (646) 793 9176



Numis Securities Limited - NOMAD and Joint Broker

+44 (0)20 7260 1000

Kevin Cruickshank (NOMAD)


Charlie Farquhar / Jonathan Abbott (Joint Broker)




Jefferies International Limited - Joint Broker

+44 (0)20 7029 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 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 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 announcement, 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 announcement, whether as a result of new information, future events, a change in our views or expectations or otherwise.

 

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