Source - LSE Regulatory
RNS Number : 5881N
Burford Capital Limited
26 September 2023
 

26 September 2023

 

 

TRANSACTION IN OWN SHARES

 

Burford Capital Limited (the "Company"), the leading global finance and asset management firm focused on law, today announces that, in accordance with the terms of its programme announced on September 19, 2023 to purchase its ordinary shares, no par value per share ("Ordinary Shares") up to a maximum aggregate amount of £4.0 million (the "Programme") in connection with forthcoming vesting of restricted stock units under the Burford Capital 2016 Long Term Incentive Plan, the Company purchased the following number of Ordinary Shares through Numis Securities Limited ("Numis").

 

Date of purchase:

September 25, 2023

Aggregate number of Ordinary Shares purchased:

40,000

Lowest price paid per Ordinary Share (GBp):

1152.00

Highest price paid per Ordinary Share (GBp):

1172.00

Volume weighted average price paid per Ordinary Share (GBp):

1161.0064

 

Ordinary Shares purchased pursuant to the Programme will be initially held by the Company in treasury. Following the purchase and settlement of these Ordinary Shares, the Company's issued ordinary share capital is 219,049,877, of which 316,574 Ordinary Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 218,733,303 after giving effect to the purchases described above. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information with respect to the individual trades made by Numis as part of the Programme.

 

Individual trades information:

 

Number of Ordinary Shares purchased

Transaction price (pence per Ordinary Share)

Time of transaction

Trading venue

580

1164.00

08:37:40

AIMX

95

1164.00

08:37:40

AIMX

422

1165.00

08:40:18

AIMX

447

1164.00

08:43:40

AIMX

44

1158.00

08:55:40

AIMX

39

1158.00

09:01:40

AIMX

46

1158.00

09:05:47

AIMX

39

1163.00

09:12:47

AIMX

125

1163.00

09:13:36

AIMX

125

1163.00

09:13:36

AIMX

114

1163.00

09:13:36

AIMX

395

1161.00

09:21:48

AIMX

44

1160.00

09:22:48

AIMX

347

1160.00

09:22:48

AIMX

407

1162.00

09:42:13

AIMX

125

1162.00

09:45:55

AIMX

125

1162.00

09:45:55

AIMX

125

1162.00

09:45:55

AIMX

14

1162.00

09:45:55

AIMX

360

1162.00

09:45:55

AIMX

45

1157.00

10:07:00

AIMX

61

1157.00

10:09:13

AIMX

43

1157.00

10:13:00

AIMX

43

1157.00

10:18:00

AIMX

1

1163.00

10:24:33

AIMX

38

1163.00

10:30:03

AIMX

417

1163.00

10:30:43

AIMX

367

1163.00

10:30:43

AIMX

465

1163.00

10:34:03

AIMX

10

1161.00

10:52:03

AIMX

38

1162.00

11:09:03

AIMX

46

1162.00

11:13:03

AIMX

43

1162.00

11:19:03

AIMX

158

1162.00

11:23:30

AIMX

46

1162.00

11:25:03

AIMX

42

1162.00

11:31:03

AIMX

42

1162.00

11:37:03

AIMX

44

1162.00

11:42:03

AIMX

20

1162.00

11:42:03

AIMX

70

1162.00

11:42:03

AIMX

66

1162.00

11:42:03

AIMX

243

1162.00

11:42:03

AIMX

125

1164.00

11:46:10

AIMX

42

1164.00

11:49:04

AIMX

44

1164.00

11:54:04

AIMX

39

1166.00

12:05:00

AIMX

38

1166.00

12:10:00

AIMX

755

1170.00

12:11:44

AIMX

708

1172.00

12:11:51

AIMX

385

1171.00

12:12:40

AIMX

422

1169.00

12:13:09

AIMX

160

1168.00

12:13:10

AIMX

119

1168.00

12:13:13

AIMX

161

1168.00

12:13:13

AIMX

455

1164.00

12:28:55

AIMX

430

1164.00

12:42:30

AIMX

383

1163.00

12:52:21

AIMX

39

1164.00

12:52:21

AIMX

825

1167.00

13:02:31

AIMX

290

1167.00

13:02:31

AIMX

914

1167.00

13:02:31

AIMX

137

1167.00

13:02:31

AIMX

351

1167.00

13:03:00

AIMX

39

1167.00

13:03:00

AIMX

41

1163.00

13:03:02

AIMX

180

1163.00

13:03:02

AIMX

256

1163.00

13:03:02

AIMX

23

1163.00

13:03:02

AIMX

149

1163.00

13:03:02

AIMX

407

1162.00

13:03:02

AIMX

375

1163.00

13:10:08

AIMX

21

1163.00

13:10:08

AIMX

12

1163.00

13:17:03

AIMX

78

1163.00

13:17:03

AIMX

100

1163.00

13:17:03

AIMX

378

1163.00

13:20:03

AIMX

433

1160.00

13:25:25

AIMX

117

1159.00

13:34:19

AIMX

117

1159.00

13:37:11

AIMX

117

1159.00

13:40:02

AIMX

46

1159.00

13:42:47

AIMX

224

1162.00

13:48:00

AIMX

154

1162.00

13:48:00

AIMX

118

1161.00

13:50:58

AIMX

117

1161.00

13:53:36

AIMX

140

1161.00

13:53:36

AIMX

117

1160.00

13:58:47

AIMX

318

1160.00

13:58:47

AIMX

199

1160.00

14:04:20

AIMX

63

1160.00

14:04:20

AIMX

194

1162.00

14:17:56

AIMX

47

1162.00

14:18:31

AIMX

213

1162.00

14:18:31

AIMX

100

1163.00

14:21:04

AIMX

363

1163.00

14:21:04

AIMX

171

1163.00

14:24:56

AIMX

250

1163.00

14:24:56

AIMX

125

1163.00

14:24:56

AIMX

23

1163.00

14:24:56

AIMX

465

1163.00

14:26:42

AIMX

400

1165.00

14:30:20

AIMX

400

1165.00

14:30:20

AIMX

441

1163.00

14:30:57

AIMX

200

1162.00

14:33:37

AIMX

189

1162.00

14:33:37

AIMX

150

1162.00

14:33:50

AIMX

76

1162.00

14:33:50

AIMX

63

1162.00

14:33:50

AIMX

261

1162.00

14:35:52

AIMX

197

1162.00

14:35:52

AIMX

148

1162.00

14:38:52

AIMX

117

1162.00

14:40:50

AIMX

38

1162.00

14:40:56

AIMX

111

1162.00

14:42:39

AIMX

446

1162.00

14:42:39

AIMX

452

1162.00

14:42:39

AIMX

42

1162.00

14:46:39

AIMX

401

1162.00

14:46:39

AIMX

261

1160.00

14:46:45

AIMX

117

1160.00

14:48:36

AIMX

71

1160.00

14:50:30

AIMX

46

1160.00

14:50:30

AIMX

447

1160.00

14:51:51

AIMX

357

1160.00

14:51:51

AIMX

452

1157.00

14:52:07

AIMX

389

1157.00

14:54:49

AIMX

48

1157.00

15:02:49

AIMX

371

1157.00

15:02:49

AIMX

462

1157.00

15:03:40

AIMX

399

1155.00

15:04:56

AIMX

68

1155.00

15:08:15

AIMX

320

1155.00

15:08:16

AIMX

140

1156.00

15:16:31

AIMX

71

1158.00

15:17:31

AIMX

1

1159.00

15:17:31

AIMX

104

1159.00

15:17:31

AIMX

87

1159.00

15:17:31

AIMX

1

1159.00

15:17:31

AIMX

201

1159.00

15:18:24

AIMX

166

1159.00

15:18:24

AIMX

229

1159.00

15:18:24

AIMX

13

1159.00

15:18:25

AIMX

125

1159.00

15:18:25

AIMX

87

1159.00

15:18:25

AIMX

13

1159.00

15:18:25

AIMX

229

1159.00

15:18:25

AIMX

76

1159.00

15:18:40

AIMX

125

1159.00

15:18:40

AIMX

179

1159.00

15:18:52

AIMX

55

1159.00

15:18:52

AIMX

157

1158.00

15:22:41

AIMX

239

1158.00

15:22:41

AIMX

384

1158.00

15:22:41

AIMX

117

1155.00

15:27:26

AIMX

117

1155.00

15:28:58

AIMX

220

1155.00

15:29:01

AIMX

31

1154.00

15:29:01

AIMX

99

1158.00

15:31:55

AIMX

335

1158.00

15:31:55

AIMX

236

1157.00

15:32:54

AIMX

145

1157.00

15:32:58

AIMX

178

1157.00

15:34:49

AIMX

6

1157.00

15:34:49

AIMX

418

1160.00

15:37:34

AIMX

38

1159.00

15:37:50

AIMX

70

1159.00

15:38:44

AIMX

13

1159.00

15:38:44

AIMX

305

1159.00

15:38:44

AIMX

125

1159.00

15:39:44

AIMX

250

1159.00

15:39:44

AIMX

59

1159.00

15:39:44

AIMX

49

1159.00

15:41:44

AIMX

414

1159.00

15:41:44

AIMX

39

1156.00

15:46:01

AIMX

251

1157.00

15:47:15

AIMX

136

1157.00

15:47:17

AIMX

32

1157.00

15:47:22

AIMX

85

1157.00

15:47:22

AIMX

248

1157.00

15:47:23

AIMX

41

1157.00

15:47:50

AIMX

15

1157.00

15:48:42

AIMX

398

1156.00

15:49:42

AIMX

37

1153.00

15:52:40

AIMX

117

1154.00

15:54:58

AIMX

1

1154.00

15:55:13

AIMX

157

1154.00

15:57:46

AIMX

41

1154.00

15:57:59

AIMX

122

1154.00

15:59:44

AIMX

1

1154.00

15:59:44

AIMX

436

1154.00

15:59:44

AIMX

117

1154.00

16:00:19

AIMX

248

1154.00

16:00:27

AIMX

411

1156.00

16:01:11

AIMX

396

1156.00

16:03:41

AIMX

240

1156.00

16:05:01

AIMX

107

1156.00

16:05:01

AIMX

116

1156.00

16:08:01

AIMX

240

1156.00

16:08:01

AIMX

35

1156.00

16:08:01

AIMX

34

1156.00

16:08:01

AIMX

93

1154.00

16:11:05

AIMX

61

1154.00

16:11:24

AIMX

125

1154.00

16:11:24

AIMX

95

1154.00

16:12:04

AIMX

117

1154.00

16:12:15

AIMX

79

1154.00

16:13:03

AIMX

55

1154.00

16:13:12

AIMX

117

1154.00

16:13:26

AIMX

47

1154.00

16:13:59

AIMX

34

1154.00

16:14:09

AIMX

70

1152.00

16:15:16

AIMX

82

1155.00

16:16:57

AIMX

109

1155.00

16:16:57

AIMX

31

1156.00

16:18:16

AIMX

529

1156.00

16:18:20

AIMX

414

1154.00

16:18:21

AIMX

272

1158.00

16:22:08

AIMX

244

1159.00

16:23:08

AIMX

 

 

For further information, please contact:

 

Burford Capital Limited


For investor and analyst inquiries:


Robert Bailhache, Head of Investor Relations, EMEA and Asia - email

+44 (0)20 3530 2023

Jim Ballan, Head of Investor Relations, Americas - email

+1 (646) 793 9176

For press inquiries:


David Helfenbein, Vice President, Public Relations - email

+1 (212) 235 6824



Numis Securities Limited - NOMAD and Joint Broker

+44 (0)20 7260 1000

Giles Rolls


Charlie Farquhar




Jefferies International Limited - Joint Broker

+44 (0)20 7029 8000

Graham Davidson


Tony White




Berenberg - Joint Broker

+44 (0)20 3207 7800

Toby Flaux


James Thompson


Yasmina Benchekroun


 

 


 

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 offices in New York, London, Chicago, Washington, DC, Singapore, Dubai, Sydney and Hong Kong.

 

For more information, please visit www.burfordcapital.com.

 

 

This announcement does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

 

This announcement does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this announcement is for informational purposes only. Past performance is not indicative of future results. The information contained in this announcement 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 any of Burford private 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, as amended, 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, Burford and its representatives may from time to time make other oral or written statements that are forward-looking, including in its periodic reports that Burford files with, or furnishes to, the US Securities and Exchange Commission, other information made available to Burford's 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. Burford cautions that forward-looking statements are not guarantees of future performance and are based on numerous assumptions, expectations, projections, intentions and beliefs and that Burford's actual results of operations, including its financial position and liquidity, and the development of the industry in which it operates, 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 Burford expects include, among others, those discussed under "Risk Factors" in Burford's annual report on Form 20-F for the year ended December 31, 2022 filed with the US Securities and Exchange Commission on May 16, 2023 and other reports or documents that Burford files with, or furnishes to, the US Securities and Exchange Commission from time to time. In addition, even if Burford's results of operations, including its financial position and liquidity, and the development of the industry in which it operates are consistent with the forward-looking statements contained in this announcement, those results of operations or developments may not be indicative of results of operations or developments in subsequent periods.

 

Except as required by law, Burford undertakes no obligation to update or revise the forward-looking statements contained in this announcement, whether as a result of new information, future events 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
 
 
POSFLFERATIEFIV
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Burford Capital Limited (BUR)

-40.00p (-3.53%)
delayed 17:38PM