TIDMBUR
RNS Number : 5034Z
Burford Capital Limited
21 May 2021
21 May 2021
BURFORD CAPITAL APPOINTS HUGH STEVEN WILSON AS CHAIRMAN; REPORTS
THAT ALL AGM ITEMS PASSED
Burford Capital Limited, the leading global finance and asset
management firm focused on law , is pleased to announce that all
resolutions proposed at its Annual General Meeting held on 18 May
2021 were approved by shareholders, including the approval of a
final dividend of 12.5 US cents per ordinary share to be paid on 18
June 2021 to all ordinary shareholders on the register of members
at the close of business on 28 May 2021, and the appointment of
Hugh Steven Wilson as chairman, replacing Sir Peter Middleton on
his retirement.
The votes received are detailed below:
Ordinary Resolutions Total votes Total votes Total votes
for against withheld
1. To receive the accounts
for the year ended 31 December
2020 and the directors' and
auditors' reports thereon 128,795,168 100 167,024
------------ ------------ ------------
2. To declare a final dividend
of 12.5c (United States cents)
per ordinary share 128,961,792 500 0
------------ ------------ ------------
3. To re-appoint Hugh Steven
Wilson as a director 121,813,682 7,112,033 36,577
------------ ------------ ------------
4. To re-appoint Charles
Parkinson as a director 115,503,087 13,422,628 36,577
------------ ------------ ------------
5. To re-appoint Robert Gillespie
as a director 128,364,828 560,897 36,567
------------ ------------ ------------
6. To re-appoint John Sievwright
as a director 128,598,619 327,096 36,577
------------ ------------ ------------
7. To re-appoint Christopher
Bogart as a director 128,561,428 365,759 35,105
------------ ------------ ------------
8. To re-appoint Andrea Muller
as a director 128,604,529 321,286 36,477
------------ ------------ ------------
9. To re-appoint Ernst &
Young LLP as the Company's
auditors 121,155,246 7,763,219 43,827
------------ ------------ ------------
10. To authorize the directors
to agree the auditors' remuneration 121,299,113 7,619,316 43,863
------------ ------------ ------------
11. To authorize the directors
to allot shares up to a specific
amount 124,143,947 4,758,458 59,887
------------ ------------ ------------
12. To authorize the Company
to purchase its own shares
up to a specified amount 128,900,417 12,649 49,226
------------ ------------ ------------
13. To approve the rules
of the Burford Capital Limited
2021 Non-Employee Directors'
Share Plan 128,637,132 285,143 40,017
------------ ------------ ------------
Special Resolutions
------------ ------------ ------------
14. To authorize the directors
to allot shares for cash
without making a pre-emptive
offer to shareholders (subject
to the limitation set out
in the resolution) 127,379,951 1,535,552 46,789
------------ ------------ ------------
15. To authorize the directors
to allot shares for cash
without making a pre-emptive
offer to shareholders (subject
to the limitation set out
in the resolution) for an
acquisition or specified
capital investment 125,787,615 3,128,434 46,243
------------ ------------ ------------
For further information, please contact:
Burford Capital Limited
Robert Bailhache, Head of Investor Relations, +44 (0)20 3530
EMEA and Asia - email 2023
Jim Ballan, Head of Investor Relations, Americas +1 (646) 793
- email 9176
Numis Securities Limited - NOMAD and Joint +44 (0)20 7260
Broker 1000
Kevin Cruickshank (NOMAD)
Charlie Farquhar / Jonathan Abbott (Joint Broker)
+44 (0)20 7029
Jefferies International Limited - Joint Broker 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, Singapore and Sydney.
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 ("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.
Forward-looking statements
This announcement contains "forward-looking statements" within
the meaning of Section 21E of the US Securities Exchange Act of
1934 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 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 and that our actual results
of operations, including our financial condition 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 24, 2021. In addition,
even if our results of operations, including our financial
condition 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 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, a change in our views or expectations or otherwise.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
RAGDKDBKOBKDAPB
(END) Dow Jones Newswires
May 21, 2021 13:09 ET (17:09 GMT)
Burford Capital (LSE:BUR)
Historical Stock Chart
From Apr 2024 to May 2024
Burford Capital (LSE:BUR)
Historical Stock Chart
From May 2023 to May 2024