Burford Capital Notification of Transaction by Person Discharging Managerial Responsibility

Rhea-AI Summary

Burford Capital announced that Andrea Muller, a non-executive director, purchased 10,000 ordinary shares between June 21 and June 23, 2022, for an average price of $8.88 per share on the New York Stock Exchange. This transaction follows the company's ongoing commitment to transparency in dealings by insiders. The notification is part of regulatory compliance for securities transactions by persons discharging managerial responsibilities.

Positive

• Non-executive director Andrea Muller purchased 10,000 shares, indicating confidence in the company's future.
• Transaction reflects Burford's commitment to regulatory transparency in insider trading.

Negative

• None.

GUERNSEY / ACCESSWIRE / June 27, 2022 / Burford Capital Limited, the leading global finance and asset management firm focused on law, has been notified of certain transactions in Burford's ordinary shares of nil par value ("Shares") by Andrea Muller, non-executive director.

Ms Muller purchased 10,000 Shares on the New York Stock Exchange between June 21 and June 23, 2022, at an average price of $8.88 per Share.

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

For further information, please contact:

Burford Capital Limited
For investor and analyst inquiries:
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
For press inquiries:
David Helfenbein, Vice President, Public Relations - email	+1 (212) 235 6824
Numis Securities Limited - 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
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, DC, Singapore, Sydney and Hong Kong.

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, which acts as the fund manager of all Burford funds, is registered as an investment adviser with the US 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, 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, 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, or furnish to, 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, expectations, projections, intentions and beliefs and that our actual results of operations, including our financial position 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 29, 2022 and other reports or documents that we file with, or furnish to, the US Securities and Exchange Commission from time to time. In addition, even if our results of operations, including our financial position 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 of operations 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 or otherwise.

1	Details of the person discharging managerial responsibilities/person closely associated
	(a) Name	Andrea Muller
2	Reason for the notification
	(a) Position/status	A PDMR occupying the position of Non-Executive Director
	(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	GG00BMGYLN96
	(b) Nature of the transaction	Purchase of ordinary shares
	(c) Price(s)and volume(s)	Price(s)	Volume(s)
		i. $8.95 ii. $8.95 iii. $8.98 iv. $9.02 v. $9.02 vi. $9.03 vii. $8.76 viii. $8.77 ix. $8.77 x. $8.77 xi. $8.77 xii. $8.77 xiii. $8.78 xiv. $8.78 xv. $8.79 xvi. $8.89 xvii. $8.82 xviii. $8.82	200 300 500 500 500 2,000 500 500 500 500 500 500 500 500 500 500 500 500
	(d) Aggregated information · Volume · Price	10,000 $8.88
	(e) Date of the transactions	21 to 23 June 2022
	(f) Place of the transaction	New York Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Burford Capital Limited

View source version on accesswire.com:
https://www.accesswire.com/706619/Burford-Capital-Notification-of-Transaction-by-Person-Discharging-Managerial-Responsibility

FAQ

What recent transaction did Burford Capital's Andrea Muller make?

Andrea Muller purchased 10,000 ordinary shares of Burford Capital at an average price of $8.88 between June 21 and June 23, 2022.

Where were Burford Capital shares purchased?

The shares were purchased on the New York Stock Exchange.

What is the significance of Andrea Muller's share purchase?

The purchase indicates the confidence of a non-executive director in Burford Capital's future prospects and is part of compliance with insider trading regulations.

What is the stock symbol for Burford Capital?

Burford Capital is traded under the stock symbol 'BUR' on both the New York Stock Exchange and the London Stock Exchange.

When did Andrea Muller make her share purchase?

The share purchase occurred between June 21 and June 23, 2022.