Burford Capital Announces Results of Extraordinary General Meeting
Burford Capital (BUR), a leading global finance and asset management firm focused on law, has announced the results of its extraordinary general meeting (EGM) held on August 20, 2024. All proposed resolutions were approved by shareholders, including:
1. Appointment of KPMG LLP as external auditor (143,284,414 votes for)
2. Authorization for directors to agree on auditor remuneration (143,285,180 votes for)
3. Adoption of new articles of incorporation (141,847,412 votes for)
The special resolution to adopt new articles of incorporation received 231,013 votes against and 1,222,991 votes withheld. This EGM outcome demonstrates strong shareholder support for Burford Capital's proposed changes and governance structure.
Burford Capital (BUR), una importante azienda globale di finanza e gestione patrimoniale focalizzata sul diritto, ha annunciato i risultati della sua assemblea generale straordinaria (EGM) tenutasi il 20 agosto 2024. Tutte le risoluzioni proposte sono state approvate dagli azionisti, tra cui:
1. Nomina di KPMG LLP come revisore esterno (143.284.414 voti favorevoli)
2. Autorizzazione per i direttori a concordare sulla remunerazione del revisore (143.285.180 voti favorevoli)
3. Adozione di nuovi articoli di incorporazione (141.847.412 voti favorevoli)
La risoluzione speciale per adottare nuovi articoli di incorporazione ha ricevuto 231.013 voti contrari e 1.222.991 voti astenuti. Questo esito dell'EGM dimostra un forte sostegno degli azionisti per le modifiche e la struttura di governance proposte da Burford Capital.
Burford Capital (BUR), una firma líder global en finanzas y gestión de activos centrada en el derecho, ha anunciado los resultados de su reunión general extraordinaria (EGM) celebrada el 20 de agosto de 2024. Todas las resoluciones propuestas fueron aprobadas por los accionistas, incluyendo:
1. Nombramiento de KPMG LLP como auditor externo (143.284.414 votos a favor)
2. Autorización para que los directores acuerden la remuneración del auditor (143.285.180 votos a favor)
3. Adopción de nuevos estatutos (141.847.412 votos a favor)
La resolución especial para adoptar nuevos estatutos recibió 231.013 votos en contra y 1.222.991 votos en abstención. Este resultado de la EGM demuestra un fuerte apoyo de los accionistas a los cambios propuestos y a la estructura de gobernanza de Burford Capital.
법률에 중점을 둔 세계적인 금융 및 자산 관리 회사인 브러포드 캐피탈(BUR)은 2024년 8월 20일 개최된 임시 주주총회(EGM)의 결과를 발표했습니다. 주주들이 모든 제안된 결의를 승인했습니다, 포함 사항은 다음과 같습니다:
1. KPMG LLP 외부 감사인 임명 (143,284,414표 찬성)
2. 감사인 보수 협의를 위한 이사의 권한 부여 (143,285,180표 찬성)
3. 새로운 정관 채택 (141,847,412표 찬성)
새로운 정관을 채택하기 위한 특별 결의안은 231,013표 반대와 1,222,991표 유보를 받았습니다. 이번 EGM 결과는 브러포드 캐피탈의 제안된 변경 사항 및 거버넌스 구조에 대한 강력한 주주 지원을 보여줍니다.
Burford Capital (BUR), une entreprise mondiale de premier plan dans le domaine de la finance et de la gestion d'actifs axée sur le droit, a annoncé les résultats de son assemblée générale extraordinaire (AGE) tenue le 20 août 2024. Toutes les résolutions proposées ont été approuvées par les actionnaires, y compris :
1. Nommer KPMG LLP en tant qu'auditeur externe (143 284 414 voix pour)
2. Autorisation pour les administrateurs de convenir de la rémunération des auditeurs (143 285 180 voix pour)
3. Adoption de nouveaux statuts (141 847 412 voix pour)
La résolution spéciale pour adopter de nouveaux statuts a reçu 231 013 voix contre et 1 222 991 voix abstention. Ce résultat de l'AGE démontre un fort soutien des actionnaires pour les changements proposés et la structure de gouvernance de Burford Capital.
Burford Capital (BUR), ein führendes globales Finanz- und Vermögensverwaltungsunternehmen mit Fokus auf das Recht, hat die Ergebnisse seiner außerordentlichen Hauptversammlung (EGM) bekannt gegeben, die am 20. August 2024 stattfand. Alle vorgeschlagenen Beschlüsse wurden von den Aktionären genehmigt, darunter:
1. Ernennung von KPMG LLP als externen Prüfer (143.284.414 Stimmen dafür)
2. Ermächtigung der Direktoren, die Vergütung des Prüfers zu vereinbaren (143.285.180 Stimmen dafür)
3. Annahme neuer Satzungen (141.847.412 Stimmen dafür)
Der Sonderbeschluss zur Annahme neuer Satzungen erhielt 231.013 Gegenstimmen und 1.222.991 Enthaltungen. Das Ergebnis dieser EGM zeigt eine starke Unterstützung der Aktionäre für die vorgeschlagenen Änderungen und die Governance-Struktur von Burford Capital.
- All proposed resolutions at the EGM were approved by shareholders
- Strong shareholder support for appointing KPMG LLP as external auditor (143,284,414 votes for)
- High approval for authorizing directors to agree on auditor remuneration (143,285,180 votes for)
- Significant backing for adopting new articles of incorporation (141,847,412 votes for)
- 231,013 votes against and 1,222,991 votes withheld for the special resolution to adopt new articles of incorporation
The votes received are detailed below:
Total votes for | Total votes against | Total votes withheld | |
Ordinary resolutions | |||
1. To appoint KPMG LLP as the Company's external auditor to hold office until the close of the next annual general meeting of the Company at which accounts are laid | 143,284,414 | 9,963 | 7,039 |
2. To authorize the directors to agree upon the remuneration of the external auditor | 143,285,180 | 5,102 | 11,134 |
Special resolution | |||
3. To adopt the articles of incorporation produced to the EGM and initialled for the purpose of identification by the chairman of the EGM as the articles of incorporation of the Company in substitution for, and to the exclusion of, the Company's existing articles of incorporation | 141,847,412 | 231,013 | 1,222,991 |
For further information, please contact:
Burford Capital Limited | ||
For investor and analyst inquiries: | ||
+1 212 516 5824 | ||
EMEA & | +44 (0)20 3530 2023 | |
For press inquiries: | ||
David Helfenbein, Vice President, Public Relations - email | +1 (212) 516 5824 | |
Deutsche Numis - NOMAD and Joint Broker | +44 (0)20 7260 1000 | |
Giles Rolls | ||
Charlie Farquhar | ||
Jefferies International Limited - Joint Broker | +44 (0)20 7029 8000 | |
Graham Davidson | ||
James Umbers | ||
Berenberg – Joint Broker | +44 (0)20 3207 7800 | |
Toby Flaux | ||
James Thompson | ||
Yasmina Benchekroun | ||
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 offices in
For more information, please visit www.burfordcapital.com.
This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.
This announcement does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this announcement is for informational purposes only. Past performance is not indicative of future results. The information contained in this announcement 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 any of Burford private 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, Burford and its representatives may from time to time make other oral or written statements that are forward-looking, including in its periodic reports that Burford files with, or furnishes to, the US Securities and Exchange Commission, other information made available to Burford's 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. Burford cautions that forward-looking statements are not guarantees of future performance and are based on numerous assumptions, expectations, projections, intentions and beliefs and that Burford's actual results of operations, including its financial position and liquidity, and the development of the industry in which it operates, 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 Burford expects include, among others, those discussed under "Risk Factors" in Burford's annual report on Form 20-F for the year ended December 31, 2023 filed with the US Securities and Exchange Commission on March 28, 2024 and other reports or documents that Burford files with, or furnishes to, the US Securities and Exchange Commission from time to time. In addition, even if Burford's results of operations, including its financial position and liquidity, and the development of the industry in which it operates are consistent with the forward-looking statements contained in this announcement, those results of operations or developments may not be indicative of results of operations or developments in subsequent periods.
Except as required by law, Burford undertakes 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.
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SOURCE Burford Capital
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