Notification of transaction by person discharging managerial responsibilities
Burford Capital Limited ("Burford"), the leading global finance and investment management firm focused on law, has been notified of certain additional share purchases made Friday by Jonathan Molot, Burford's Chief Investment Officer.
As outlined in previous announcements, Mr Molot purchased 350,643 shares following the release of Burford's response to the Muddy Waters report. Following that share purchase on Thursday, Mr Molot on Friday purchased an additional 339,963 ordinary shares of nil par value in Burford ("Ordinary Shares") on the market at a price of 856 pence per share.
As a result of these transactions, Mr Molot controls a total of 9,250,000 Ordinary shares, amounting to 4.23% of the issued share capital.
The Notification of Dealing Form for the transactions mentioned above is included at the end of this announcement.
For further information, please contact:
Burford Capital Limited
Elizabeth O'Connell, CFA, Chief Financial Officer
+1 212 235 6825
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker
Burford Capital is the leading global finance and investment 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 DC, Singapore and Sydney.
Details of the person discharging managerial responsibilities/person closely associated
Reason for the notification
A PDMR occupying the position of Chief Investment Officer
(b) Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Burford Capital Limited
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 the financial instrument, type of instrument
Ordinary shares of nil par value
(b) Nature of the transaction
Purchase of ordinary shares
(c) Price(s)and volume(s)
(d) Aggregated information
· Aggregated volume
(e) Date of the transaction
9 August 2019
(f) Place of the transaction
London Stock Exchange AIM
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 [email protected] or visit www.rns.com.
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