TIDMBUR

RNS Number : 7276O

Burford Capital Limited

02 June 2020

2 June 2020

BURFORD CAPITAL LIMITED

Notification of transaction by person discharging managerial responsibilities

Burford Capital Limited ("Burford"), has been notified of certain purchases of the bonds issued by Burford Capital Finance LLC (the "Company"), an indirect wholly-owned subsidiary of Burford, made by Hugh Steven Wilson, Burford's Deputy Chairman.

On 28 May 2020, Mr Wilson purchased 1,100 6.125% US Dollar denominated bonds due 12 August 2025 issued by the Company ("Bonds") at a price of US$89.00 per Bond.

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 
   Jim Kilman, Chief Financial Officer                 +1 917 985 9840 
   Robert Bailhache, Head of Investor Relations        +44 (0)20 3530 
    - email                                             2023 
   Macquarie Capital (Europe) Limited - NOMAD          +44 (0)20 3037 
    and Joint Broker                                    2000 
   Jonny Allison 
   Alex Reynolds 
 
                                                       +44 (0)20 7029 
   Jefferies International Limited - Joint Broker       8000 
   Graham Davidson 
   Tony White 
 
                                                       +44 (0)20 7260 
   Numis Securities Limited - Joint Broker              1000 
   Charlie Farquhar 
   Jonathan Abbott 
 
 

About Burford Capital Finance LLC

Burford Capital Finance LLC is a special purpose financing vehicle created to issue Burford's 2018 US Dollar denominated retail bonds and an indirect wholly--owned subsidiary of Burford.

About Burford Capital Limited

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 London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago, Washington, Singapore and Sydney.

For more information about Burford: www.burfordcapital.com

This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. 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.

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
      (a) Name                                       Hugh Steven Wilson 
     ---------------------------------------------  ----------------------------------------- 
 2    Reason for the notification 
      (a) Position/status                            A PDMR occupying the position of 
                                                      Deputy Chairman of Burford Capital 
                                                      Limited 
      (b) Initial notification                       Initial 
       /Amendment 
     ---------------------------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
      (a) Name                                       Burford Capital Finance LLC 
      (b) LEI                                        549300L30WEIAK4ZUX81 
     ---------------------------------------------  ----------------------------------------- 
 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                             6.125 per cent. US Dollar denominated 
       the financial instrument,                      bonds due 2025 at 100 per cent. 
       type of instrument                             of their principal amount 
                                                      ("Bonds") 
      Identification code                            XS1756325228 
      (b) Nature of the transaction                  Purchase of Bonds 
      (c) Price(s)and volume(s)                      Price(s)              Volume(s) 
                                                    --------------------  ------------------- 
   US$89.00                                                                1,100 
 
        (d) Aggregated information               N/A 
          *    Aggregated volume 
 
 
          *    Price 
  (e) Date of the transaction                    28 May 2020 
  (f) Place of the transaction                   Outside of a trading venue 
 ---------------------------------------------  --------------------------------------------- 
 

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.

END

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