TIDMBUR

RNS Number : 3042F

Burford Capital

16 May 2017

16 May 2017

BURFORD CAPITAL LIMITED

RESULT OF AGM

Burford Capital Limited ("Burford Capital" or "Burford" or "the Company"), a leading global finance firm focused on law, is pleased to announce that all resolutions proposed at its Annual General Meeting today were approved by shareholders.

Among other matters, shareholders approved the dividend payment of 6.48c per share. That dividend will be payable on 16 June 2017 to shareholders on the register as at the close of business on Friday 26 May 2017.

The votes received are detailed below:

 
 Ordinary Resolutions                 Total   Total votes   Total votes 
                                      votes       against      withheld 
                                        for 
-----------------------------  ------------  ------------  ------------ 
 1. To receive the accounts 
  for the year ended 
  31 December 2016 and 
  the directors' and 
  auditors' reports thereon     163,456,175       253,602             0 
-----------------------------  ------------  ------------  ------------ 
 2. To declare a final 
  dividend of 6.48c (United 
  States cents) per ordinary 
  share                         163,709,640           137             0 
-----------------------------  ------------  ------------  ------------ 
 3. To re-appoint Sir 
  Peter Middleton as 
  a director                    163,078,135       629,580         2,063 
-----------------------------  ------------  ------------  ------------ 
 4. To re-appoint Charles 
  Parkinson as a director       163,078,272       629,443         2,063 
-----------------------------  ------------  ------------  ------------ 
 5. To re-appoint Ernst 
  & Young LLP as the 
  Company's auditors            163,176,819       531,821         1,137 
-----------------------------  ------------  ------------  ------------ 
 6. To authorise the 
  directors to agree 
  the auditors' remuneration    163,431,558       278,219             0 
-----------------------------  ------------  ------------  ------------ 
 7. To authorise the 
  directors to allot 
  up to 69,412,660 shares 
  and up to 138,825,319 
  by way of a rights 
  issue                         162,837,329       872,311           137 
-----------------------------  ------------  ------------  ------------ 
 8. To authorise the 
  Company to purchase 
  its own shares up to 
  a specified amount            163,706,621         3,156             0 
-----------------------------  ------------  ------------  ------------ 
 Special Resolutions 
-----------------------------  ------------  ------------  ------------ 
 9. To authorise the 
  directors to allot 
  shares for cash without 
  making a pre-emptive 
  offer to shareholders 
  (subject to the limitation 
  set out in the resolution)    163,672,184        17,593        20,000 
-----------------------------  ------------  ------------  ------------

For further information, please contact:

 
 Macquarie Capital (Europe) Limited                          +44 (0)20 
  - NOMAD and Joint Broker                                    3037 2000 
 Jonny Allison 
 Nicholas Harland 
 
                                                             +44 (0)20 
 Liberum Capital Limited- Joint Broker                        3100 2222 
 Richard Crawley 
 Jamie Richards 
 
                                                             +44 (0)20 
 Numis Securities Limited - Joint Broker                      7260 1000 
 Charlie Farquhar 
 Andrew Holloway 
 
 Neustria Partners - Financial Communications                +44 (0)20 
  for Burford Capital                                         3021 2580 
 Robert Bailhache [robert.bailhache@neustriapartners.com] 
 Charles Gorman [charles.gorman@neustriapartners.com] 
 Nick Henderson [nick.henderson@neustriapartners.com]

About Burford Capital

Burford Capital is a leading global finance 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 and Chicago.

For more information about Burford, visit www.burfordcapital.com

This release does not constitute an offer of any Burford fund.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 16, 2017 07:06 ET (11:06 GMT)

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