Burford Capital Finance LLC Director/PDMR Shareholding (4544O)
01 June 2020 - 6:00PM
UK Regulatory
TIDMBUR4
RNS Number : 4544O
Burford Capital Finance LLC
01 June 2020
1 June 2020
BURFORD CAPITAL LIMITED
Notification of transactions by persons 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
Christopher P. Bogart, Burford's Chief Executive Officer, and
Jonathan Molot, Burford's Chief Investment Officer.
On 28 May 2020, Mr Bogart purchased 5,000 6.125% US Dollar
denominated bonds due 12 August 2025 issued by the Company
("Bonds") and Mr Molot also purchased 5,000 Bonds, in each case at
a price of US$87.375 per Bond.
The Notification of Dealing Forms for each of the transactions
mentioned above are 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 Christopher Bogart
-------------------------------------------- -----------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Executive Officer 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$ 87.375 5,000
(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
-------------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan Molot
-------------------------------------------- -----------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer 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
(the "Bonds")
Identification code XS1756325228
(b) Nature of the transaction Purchase of Bonds
(c) Price(s)and volume(s) Price(s) Volume(s)
---------------------- -----------------
US$ 87.375 5,000
(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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