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BURFORD CAPITAL LIMITED

Transaction in Own Shares Sep 22, 2023

7536_rns_2023-09-22_787fa280-efec-48e3-83ec-9e131ff1e2dc.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 2877N

Burford Capital Limited

22 September 2023

22 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 21, 2023
Aggregate number of Ordinary Shares purchased: 64,540
Lowest price paid per Ordinary Share (GBp): 1162.00
Highest price paid per Ordinary Share (GBp): 1190.00
Volume weighted average price paid per Ordinary Share (GBp): 1173.0140

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 219,487 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 218,830,390 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
352 1180.00 09:02:06 AIMX
381 1182.00 09:14:55 AIMX
373 1182.00 09:14:55 AIMX
382 1182.00 09:14:55 AIMX
372 1175.00 10:29:59 AIMX
200 1176.00 11:59:46 AIMX
156 1176.00 11:59:46 AIMX
408 1176.00 11:59:46 AIMX
1 1182.00 12:00:28 AIMX
300 1184.00 12:02:03 AIMX
400 1184.00 12:02:03 AIMX
854 1184.00 12:02:03 AIMX
200 1186.00 12:02:30 AIMX
198 1186.00 12:02:30 AIMX
154 1189.00 12:07:27 AIMX
182 1189.00 12:07:27 AIMX
100 1186.00 12:07:31 AIMX
87 1190.00 12:09:32 AIMX
100 1190.00 12:09:32 AIMX
666 1190.00 12:09:39 AIMX
344 1189.00 12:12:58 AIMX
58 1186.00 12:13:40 AIMX
300 1186.00 12:13:40 AIMX
40 1186.00 12:13:40 AIMX
341 1185.00 12:14:14 AIMX
363 1180.00 12:55:53 AIMX
12 1179.00 12:57:43 AIMX
116 1178.00 12:58:28 AIMX
331 1181.00 13:07:28 AIMX
390 1181.00 13:14:28 AIMX
53 1179.00 13:21:47 AIMX
278 1179.00 13:21:47 AIMX
367 1178.00 13:21:47 AIMX
371 1176.00 14:08:30 AIMX
426 1176.00 14:09:38 AIMX
355 1176.00 14:17:58 AIMX
471 1175.00 14:17:58 AIMX
374 1176.00 14:18:29 AIMX
115 1178.00 14:23:55 AIMX
115 1178.00 14:23:55 AIMX
1 1178.00 14:23:55 AIMX
142 1178.00 14:30:35 AIMX
131 1178.00 14:30:35 AIMX
263 1178.00 14:30:35 AIMX
68 1178.00 14:30:35 AIMX
53 1178.00 14:30:35 AIMX
73 1178.00 14:30:35 AIMX
60 1178.00 14:30:35 AIMX
100 1178.00 14:30:35 AIMX
39 1178.00 14:30:35 AIMX
150 1177.00 14:30:35 AIMX
350 1177.00 14:30:35 AIMX
70 1178.00 14:30:35 AIMX
82 1176.00 14:30:35 AIMX
136 1176.00 14:30:35 AIMX
121 1176.00 14:30:35 AIMX
201 1176.00 14:30:35 AIMX
100 1176.00 14:30:35 AIMX
71 1176.00 14:30:35 AIMX
91 1169.00 14:31:08 AIMX
100 1169.00 14:31:08 AIMX
174 1169.00 14:31:08 AIMX
100 1177.00 14:32:31 AIMX
274 1177.00 14:32:31 AIMX
296 1176.00 14:32:31 AIMX
200 1176.00 14:33:33 AIMX
154 1176.00 14:33:33 AIMX
254 1174.00 14:33:59 AIMX
100 1174.00 14:33:59 AIMX
55 1174.00 14:33:59 AIMX
125 1172.00 14:33:59 AIMX
150 1172.00 14:33:59 AIMX
52 1172.00 14:33:59 AIMX
9 1172.00 14:33:59 AIMX
289 1172.00 14:33:59 AIMX
102 1175.00 14:38:16 AIMX
54 1175.00 14:38:16 AIMX
150 1175.00 14:38:17 AIMX
38 1175.00 14:38:17 AIMX
24 1175.00 14:38:17 AIMX
288 1175.00 14:38:17 AIMX
88 1175.00 14:39:52 AIMX
369 1175.00 14:39:52 AIMX
156 1174.00 14:39:52 AIMX
81 1174.00 14:39:52 AIMX
39 1174.00 14:39:52 AIMX
38 1174.00 14:39:52 AIMX
100 1172.00 14:42:51 AIMX
308 1172.00 14:42:51 AIMX
74 1172.00 14:47:51 AIMX
1 1172.00 14:47:52 AIMX
1 1172.00 14:51:41 AIMX
397 1172.00 14:52:06 AIMX
327 1172.00 14:52:06 AIMX
406 1172.00 14:52:06 AIMX
345 1170.00 14:52:31 AIMX
175 1176.00 14:55:17 AIMX
343 1176.00 14:55:17 AIMX
178 1176.00 14:55:17 AIMX
5 1175.00 14:55:27 AIMX
49 1175.00 14:55:27 AIMX
123 1175.00 14:55:27 AIMX
24 1175.00 14:55:27 AIMX
162 1175.00 14:55:27 AIMX
41 1172.00 14:55:27 AIMX
297 1172.00 14:55:27 AIMX
402 1170.00 14:57:25 AIMX
150 1169.00 14:57:25 AIMX
100 1169.00 14:57:25 AIMX
10 1169.00 14:57:25 AIMX
50 1169.00 14:57:26 AIMX
76 1169.00 14:57:28 AIMX
431 1167.00 15:05:48 AIMX
399 1167.00 15:05:48 AIMX
230 1166.00 15:05:48 AIMX
33 1167.00 15:05:48 AIMX
33 1167.00 15:05:48 AIMX
112 1167.00 15:05:48 AIMX
33 1167.00 15:05:48 AIMX
47 1167.00 15:05:48 AIMX
31 1163.00 15:05:55 AIMX
35 1163.00 15:05:55 AIMX
92 1163.00 15:05:55 AIMX
90 1163.00 15:05:55 AIMX
47 1163.00 15:05:55 AIMX
74 1164.00 15:05:55 AIMX
135 1164.00 15:05:55 AIMX
65 1163.00 15:08:00 AIMX
30 1163.00 15:08:00 AIMX
300 1163.00 15:08:00 AIMX
9 1163.00 15:08:00 AIMX
103 1163.00 15:08:00 AIMX
38 1163.00 15:08:00 AIMX
200 1162.00 15:08:17 AIMX
150 1162.00 15:08:17 AIMX
83 1173.00 15:12:04 AIMX
100 1172.00 15:12:17 AIMX
256 1172.00 15:12:17 AIMX
100 1173.00 15:12:45 AIMX
200 1173.00 15:12:45 AIMX
44 1173.00 15:12:45 AIMX
41 1172.00 15:12:45 AIMX
275 1172.00 15:14:42 AIMX
86 1172.00 15:14:42 AIMX
374 1172.00 15:14:42 AIMX
110 1171.00 15:14:42 AIMX
49 1171.00 15:14:42 AIMX
100 1171.00 15:14:42 AIMX
44 1171.00 15:14:42 AIMX
88 1171.00 15:14:42 AIMX
64 1171.00 15:20:11 AIMX
592 1171.00 15:20:11 AIMX
6 1171.00 15:20:11 AIMX
137 1171.00 15:20:11 AIMX
38 1171.00 15:20:11 AIMX
104 1171.00 15:20:11 AIMX
85 1171.00 15:20:11 AIMX
34 1171.00 15:20:11 AIMX
102 1171.00 15:20:11 AIMX
137 1171.00 15:20:11 AIMX
104 1171.00 15:20:11 AIMX
28 1171.00 15:20:11 AIMX
100 1172.00 15:23:20 AIMX
50 1172.00 15:23:20 AIMX
200 1172.00 15:23:20 AIMX
38 1172.00 15:23:20 AIMX
100 1172.00 15:24:08 AIMX
210 1172.00 15:24:08 AIMX
38 1172.00 15:24:08 AIMX
114 1172.00 15:25:21 AIMX
272 1172.00 15:25:21 AIMX
165 1172.00 15:25:21 AIMX
150 1172.00 15:25:21 AIMX
8 1172.00 15:25:44 AIMX
62 1172.00 15:25:44 AIMX
100 1172.00 15:26:01 AIMX
100 1172.00 15:26:09 AIMX
100 1172.00 15:26:22 AIMX
50 1172.00 15:26:22 AIMX
28 1172.00 15:26:22 AIMX
144 1171.00 15:29:27 AIMX
116 1171.00 15:29:27 AIMX
86 1171.00 15:29:27 AIMX
50 1170.00 15:29:27 AIMX
67 1171.00 15:34:42 AIMX
34 1171.00 15:34:42 AIMX
33 1171.00 15:34:42 AIMX
33 1171.00 15:34:42 AIMX
39 1170.00 15:34:42 AIMX
106 1170.00 15:34:42 AIMX
67 1170.00 15:34:42 AIMX
106 1170.00 15:34:59 AIMX
101 1171.00 15:39:32 AIMX
249 1171.00 15:39:32 AIMX
150 1171.00 15:39:32 AIMX
399 1171.00 15:39:32 AIMX
101 1171.00 15:39:32 AIMX
210 1171.00 15:39:32 AIMX
100 1171.00 15:39:32 AIMX
100 1171.00 15:39:32 AIMX
50 1171.00 15:39:32 AIMX
100 1172.00 15:39:35 AIMX
121 1172.00 15:39:38 AIMX
800 1172.00 15:39:38 AIMX
150 1172.00 15:40:00 AIMX
539 1172.00 15:40:00 AIMX
833 1172.00 15:40:00 AIMX
61 1170.00 15:40:01 AIMX
59 1170.00 15:40:01 AIMX
230 1170.00 15:40:01 AIMX
200 1172.00 15:42:18 AIMX
150 1172.00 15:42:18 AIMX
280 1172.00 15:44:11 AIMX
201 1172.00 15:44:11 AIMX
199 1172.00 15:44:11 AIMX
50 1172.00 15:44:11 AIMX
50 1172.00 15:44:11 AIMX
100 1172.00 15:44:11 AIMX
129 1172.00 15:46:00 AIMX
47 1172.00 15:46:00 AIMX
205 1172.00 15:46:00 AIMX
47 1172.00 15:46:00 AIMX
48 1172.00 15:46:00 AIMX
118 1172.00 15:47:25 AIMX
26 1172.00 15:47:25 AIMX
497 1172.00 15:47:25 AIMX
300 1172.00 15:47:25 AIMX
66 1172.00 15:47:25 AIMX
71 1172.00 15:47:25 AIMX
260 1172.00 15:47:25 AIMX
47 1169.00 15:58:19 AIMX
243 1169.00 15:58:44 AIMX
205 1170.00 15:58:49 AIMX
5545 1170.00 15:58:49 AIMX
253 1169.00 15:58:49 AIMX
44 1169.00 15:58:49 AIMX
167 1169.00 15:58:49 AIMX
67 1169.00 15:58:49 AIMX
112 1169.00 15:58:49 AIMX
260 1170.00 15:58:49 AIMX
401 1169.00 15:59:50 AIMX
133 1168.00 16:04:41 AIMX
403 1168.00 16:04:41 AIMX
370 1168.00 16:04:41 AIMX
213 1168.00 16:09:32 AIMX
213 1168.00 16:09:32 AIMX
432 1169.00 16:09:32 AIMX
3669 1169.00 16:09:32 AIMX
39 1169.00 16:09:39 AIMX
49 1169.00 16:09:39 AIMX
39 1169.00 16:09:39 AIMX
67 1169.00 16:09:39 AIMX
39 1169.00 16:09:39 AIMX
246 1169.00 16:09:39 AIMX
1 1169.00 16:12:40 AIMX
27 1169.00 16:12:40 AIMX
200 1169.00 16:12:40 AIMX
150 1169.00 16:12:40 AIMX
74 1169.00 16:12:40 AIMX
76 1169.00 16:12:40 AIMX
100 1169.00 16:13:23 AIMX
50 1169.00 16:13:23 AIMX
200 1169.00 16:13:44 AIMX
150 1169.00 16:13:44 AIMX
103 1169.00 16:13:44 AIMX
55 1169.00 16:13:44 AIMX
100 1169.00 16:13:44 AIMX
70 1169.00 16:13:44 AIMX
100 1169.00 16:14:10 AIMX
50 1169.00 16:14:10 AIMX
96 1169.00 16:14:10 AIMX
4 1169.00 16:14:10 AIMX
100 1169.00 16:14:10 AIMX
2500 1171.00 16:17:28 AIMX
488 1171.00 16:17:28 AIMX
67 1171.00 16:17:29 AIMX
388 1171.00 16:17:30 AIMX
400 1171.00 16:17:30 AIMX
465 1171.00 16:17:30 AIMX
450 1171.00 16:17:30 AIMX
148 1171.00 16:17:31 AIMX
71 1171.00 16:17:31 AIMX
87 1171.00 16:17:31 AIMX
100 1172.00 16:18:36 AIMX
100 1172.00 16:18:36 AIMX
100 1172.00 16:18:36 AIMX
20 1172.00 16:18:36 AIMX
100 1173.00 16:18:41 AIMX
100 1173.00 16:18:41 AIMX
100 1173.00 16:18:41 AIMX
50 1173.00 16:18:41 AIMX
798 1173.00 16:18:41 AIMX
100 1173.00 16:18:41 AIMX
137 1173.00 16:18:41 AIMX
178 1173.00 16:18:41 AIMX
50 1173.00 16:18:41 AIMX
50 1173.00 16:18:41 AIMX
31 1173.00 16:19:18 AIMX
200 1173.00 16:19:18 AIMX
594 1173.00 16:19:18 AIMX
65 1173.00 16:19:18 AIMX
135 1173.00 16:19:18 AIMX
100 1173.00 16:19:18 AIMX
67 1173.00 16:19:18 AIMX
48 1173.00 16:19:18 AIMX
100 1173.00 16:19:18 AIMX
150 1173.00 16:19:18 AIMX
85 1173.00 16:19:18 AIMX
29 1173.00 16:19:43 AIMX
66 1173.00 16:19:43 AIMX
362 1174.00 16:20:15 AIMX
49 1174.00 16:20:15 AIMX
25 1174.00 16:20:15 AIMX
100 1174.00 16:20:15 AIMX
50 1174.00 16:20:15 AIMX
100 1174.00 16:20:15 AIMX
50 1174.00 16:20:15 AIMX
28 1174.00 16:20:15 AIMX
122 1174.00 16:20:40 AIMX
50 1174.00 16:20:40 AIMX
200 1174.00 16:20:40 AIMX
97 1174.00 16:20:40 AIMX
45 1175.00 16:20:40 AIMX
451 1174.00 16:21:01 AIMX
100 1173.00 16:21:01 AIMX
35 1173.00 16:24:40 AIMX
212 1174.00 16:24:40 AIMX
62 1174.00 16:24:40 AIMX
300 1174.00 16:24:40 AIMX
100 1174.00 16:24:40 AIMX
82 1174.00 16:24:40 AIMX
94 1174.00 16:24:40 AIMX
38 1174.00 16:24:40 AIMX
95 1174.00 16:24:40 AIMX
55 1174.00 16:24:40 AIMX
124 1174.00 16:24:40 AIMX
76 1174.00 16:24:40 AIMX
100 1174.00 16:24:40 AIMX
107 1174.00 16:24:40 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 [email protected] 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.

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