Burford Capital Ltd

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

+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


Details of the person discharging managerial responsibilities/person closely associated


(a)    Name

Jonathan Molot


Reason for the notification



(a)    Position/status

A PDMR occupying the position of Chief Investment Officer


(b)    Initial notification /Amendment



Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


(a)    Name

Burford Capital Limited


(b)    LEI



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



(b)    Nature of the transaction

Purchase of ordinary shares


(c)    Price(s)and volume(s)








(d)    Aggregated information

·     Aggregated volume

·     Price




(e)    Date of the transaction

12 August 2019


(f)    Place of the transaction

London Stock Exchange AIM


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