TIDMBUR
RNS Number : 6459U
Burford Capital Limited
29 March 2023
29 March 2023
BURFORD CAPITAL LIMITED
Transaction in Own Shares
Burford Capital Limited ("Burford"), the leading global finance
and asset management firm focused on law, provides an update in
connection with the number of Burford's ordinary shares of nil par
value ("Shares") held as treasury shares.
On March 23, 2023, a total of 375,341 Shares held in treasury by
Burford were transferred out of treasury to satisfy vested awards
under the Burford Capital 2016 Long Term Incentive Plan.
In accordance with the UK Financial Conduct Authority's
Disclosure Guidance and Transparency Rule 5.6.1, the issued share
capital of Burford is 219,049,877 Shares, of which 92,659 are held
in treasury after giving effect to the transfers described above.
The total number of voting rights in Burford, excluding treasury
shares, is therefore 218,957,218 (the "Figure").
For further information, please contact:
Burford Capital Limited
For investor and analyst inquiries:
Robert Bailhache, Head of Investor Relations, +44 (0)20 3530
EMEA and Asia - email 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 +44 (0)20 7260
Broker 1000
Giles Rolls
Charlie Farquhar
+44 (0)20 7029
Jefferies International Limited - Joint Broker 8000
Graham Davidson
Tony White
+44 (0)20 3207
Berenberg - Joint Broker 7800
Toby Flaux
James Thompson
Arnav Kapoor
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 New York, London, Chicago,
Washington, DC, Singapore, Dubai, Sydney and Hong Kong.
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 which are forward-looking statements, including in its
periodic reports that Burford files with, or furnishes to, the US
Securities and Exchange Commission, other information sent 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 you 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, (i) impacts resulting
from changes to Burford's valuation policy for capital provision
assets, including any requirement to recast or restate Burford's
historical financial statements and/or disclose a material weakness
in internal controls in connection with these changes, (ii) the
successful completion of audit and other procedures and other
conditions necessary to issue Burford's audited financial
statements and to file Burford's annual report on Form 20-F for the
year ended December 31, 2022 with the US Securities and Exchange
Commission and (iii) those discussed under "Risk Factors" in
Burford's annual report on Form 20-F for the year ended December
31, 2021 filed with the US Securities and Exchange Commission on
March 29, 2022, Burford's interim report on Form 6-K furnished to
the US Securities and Exchange Commission on August 9, 2022 and
other reports or documents that Burford files with, or furnishes
to, the SEC 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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END
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