TIDMBUR
RNS Number : 9571D
Burford Capital Limited
26 June 2023
26 June 2023
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
Burford Capital Limited ("Burford"), the leading global finance
and asset management firm focused on law, provides the following
notification of transactions by persons discharging managerial
responsibilities (each, a "PDMR" and, collectively, "PDMRs").
Burford also provides a correction relating to the number of
Burford's ordinary shares of nil par value ("Shares") granted to
certain PDMRs on March 22, 2023.
Investment in Shares through Burford employee deferred
compensation plan
Co-Chief Operating Officer David Perla and General Counsel and
Chief Administrative Officer Mark Klein have used their respective
cash compensation to invest in Shares through the Burford employee
deferred compensation plan. These investments, both made on June
20, 2023, total 1,785 Shares for Mr Perla and 2,021 Shares for Mr
Klein.
Further details about the Burford employee deferred compensation
plan can be found 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. In essence, Burford employees
are able to elect to defer cash compensation, without incurring
current taxes, into the Burford employee deferred compensation
plan, which in turn permits the full amount of that deferred cash
compensation to be allocated to the Shares (or to other investment
options). This is a tax-efficient way for employees to continue to
accumulate exposure to the Shares.
Estate planning by Mr Molot
On June 20, 2023, 0.240722%, 0.942582% and 4.431822% interests
in Jonathan Molot LLC ("JM LLC"), a company which is controlled by
Chief Investment Officer Jonathan Molot and which holds 6,000,000
Shares, were transferred from Jonathan T. Molot 2020 Trust No. 2,
Jonathan T. Molot May 2021 Trust and Jonathan T. Molot 2022 Trust,
respectively, to Mr Molot. Ongoing annual movement of ownership
interests in JM LLC back-and-forth between Mr Molot and annual
trusts established by Mr Molot, of which he and his family members
are the beneficiaries, is expected as a normal part of the US
estate planning undertaken.
On June 21, 2023, Mr Molot transferred certain additional
interests in JM LLC as follows:
-- 23.489522% to Jonathan T. Molot June 2023 Trust;
-- 0.137747% to Jonathan T. Molot August 2022 Trust;
-- 0.040944% to Jonathan T. Molot 2021 Trust; and
-- 0.482027% to Jonathan T. Molot 2017 Remainder Trust.
The Notification of Dealing Forms for each of the transactions
set forth above are included at the end of this announcement.
Correction to number of Shares previously granted to certain
PDMRs
Due to a minor rounding error when calculating grants made to
PDMRs on March 22, 2023, the incorrect numbers were reported in an
announcement made publicly available and furnished to the US
Securities and Exchange Commission on March 22, 2023. Mr Arnott, Mr
Klein, Mr Licht, Ms O'Connell, Mr Perla and Ms Will were each
granted 36,874 Shares, not 36,873 Shares as previously reported
(difference of one Share each). As a result, the total number of
Shares held by each PDMR as of March 22, 2023 was 303,878 for Mr
Arnott, 147,202 for Mr Klein, 140,086 for Mr Licht, 236,760 for Ms
O'Connell, 265,675 for Mr Perla and 436,823 for Ms Will.
For further information, please contact:
Burford Capital Limited
For investor and analyst inquiries:
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
For press inquiries:
David Helfenbein, Vice President, Public Relations +1 (212) 235
- email 6824
Numis Securities Limited - NOMAD and Joint +44 (0)20 7260
Broker 1000
Giles Rolls
Charlie Farquhar
+44 (0)20 7029
Jefferies International Limited - Joint Broker 8000
Graham Davidson
Tony White
+44 (0)20 3207
Berenberg - Joint Broker 7800
Toby Flaux
James Thompson
Arnav Kapoor
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 which are forward-looking statements, 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 you 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.
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name David Perla
--------------------------------------------- -----------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Co-Chief Operating Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -----------------------------------------
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 Ordinary Shares
the financial instrument,
type of instrument
Identification code GG00BMGYLN96
(b) Nature of the transaction Allocation of fully vested notional
Ordinary Shares equivalent to a
deferred amount of cash compensation
under Burford's deferred compensation
plan
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------- --------------------
$ 12.94 1,785
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction Outside a trading venue
------------------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Mark Klein
--------------------------------------------- --------------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
General Counsel and Chief Administrative
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------------
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 Ordinary Shares
the financial instrument,
type of instrument
Identification code GG00BMGYLN96
(b) Nature of the transaction Allocation of fully vested notional
Ordinary Shares equivalent to a
deferred amount of cash compensation
under Burford's deferred compensation
plan
(c) Price(s)and volume(s) Price(s) Volume(s)
--------------------- ---------------------
$ 12.94 2,021
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction Outside a trading venue
------------------------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name David Perla
--------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Co-Chief Operating Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 Notional Ordinary Shares
the financial instrument,
type of instrument
Identification code GG00BMGYLN96
(b) Nature of the transaction Allocation of unvested notional
Ordinary Shares pursuant to the
provisions of Burford's deferred
compensation plan due to vest in
2024
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ -----------------
$ Nil 607
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 22 June 2023
(f) Place of the transaction Outside a trading venue
--------------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Mark Klein
--------------------------------------------- ---------------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
General Counsel and Chief Administrative
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- ---------------------------------------------
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 Notional Ordinary Shares
the financial instrument,
type of instrument
Identification code GG00BMGYLN96
(b) Nature of the transaction Allocation of unvested notional
Ordinary Shares pursuant to the
provisions of Burford's deferred
compensation plan due to vest in
2024
(c) Price(s)and volume(s) Price(s) Volume(s)
---------------------- ---------------------
$ Nil 687
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 22 June 2023
(f) Place of the transaction Outside 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
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 Notional Ordinary Shares
the financial instrument,
type of instrument
Identification code GG00BMGYLN96
(b) Nature of the transaction Allocation of unvested notional
Ordinary Shares pursuant to the
provisions of Burford's deferred
compensation plan due to vest in
2024
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ -----------------
$ Nil 22,754
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 22 June 2023
(f) Place of the transaction Outside a trading venue
--------------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot 2020 Trust No.
2
--------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 0.240722% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- ------------------
$12.785 14,443.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
--------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------
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 0.240722% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot 2020 Trust
No. 2
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ ------------------
$12.785 14,443.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot May 2021 Trust
--------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 0.942582% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- ------------------
$12.785 56,554.92
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
--------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------
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 0.942582% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot May 2021
Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ ------------------
$12.785 56,554.92
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot 2022 Trust
-------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
-------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
-------------------------------------------- -------------------------------------
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 4.431822% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to the Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- ------------------
$12.785 265,909.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------ -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
-------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
-------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
-------------------------------------------- --------------------------------------
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 4.431822% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot 2022 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- -------------------
$12.785 265,909.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 20 June 2023
(f) Place of the transaction N/A
------------------------------------------------ --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
------------------------------------------- -------------------------------------
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 23.489522% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot June 2023
Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
--------------- --------------------
$12.730 1,409,371.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
----------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot June 2023 Trust
------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
------------------------------------------- --------------------------------------
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 23.489522% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
--------------- ---------------------
$12.730 1,409,371.32
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
----------------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
--------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 0.137747% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot August 2022
Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- ------------------
$12.730 8,264.82
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot August 2022 Trust
--------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------
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 0.137747% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ ------------------
$12.730 8,264.82
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
--------------------------------------------- -------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- -------------------------------------
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 0.040944% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot 2021 Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
----------------- ------------------
$12.730 2,456.64
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot 2021 Trust
--------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------
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 0.040944% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ ------------------
$12.730 2,456.64
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- --------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot
--------------------------------------------- ---------------------------------------
2 Reason for the notification
(a) Position/status A PDMR occupying the position of
Chief Investment Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- ---------------------------------------
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 0.482027% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Disposal of membership interests
to Jonathan T. Molot 2017 Remainder
Trust
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ -------------------
$12.730 28,921.62
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- ---------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Jonathan T. Molot 2017 Remainder
Trust
--------------------------------------------- --------------------------------------
2 Reason for the notification
(a) Position/status A person closely associated with
Jonathan Molot, a PDMR occupying
the position of Chief Investment
Officer
(b) Initial notification Initial
/Amendment
--------------------------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
(a) Name Burford Capital Limited
(b) LEI 549300FUKUWFYJMT2277
--------------------------------------------- --------------------------------------
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 0.482027% interest in Jonathan
the financial instrument, Molot LLC, which holds 6,000,000
type of instrument shares in Burford Capital Limited
Identification code N/A
(b) Nature of the transaction Acquisition of membership interests
from Jonathan T. Molot
(c) Price(s)and volume(s) Price(s) Volume(s)
------------------ ------------------
$12.730 28,921.62
(d) Aggregated information N/A
* Aggregated volume
* Price
(e) Date of the transaction 21 June 2023
(f) Place of the transaction N/A
------------------------------------------------- --------------------------------------
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END
DSHQQLFLXQLZBBZ
(END) Dow Jones Newswires
June 26, 2023 13:00 ET (17:00 GMT)
Burford Capital (AQSE:BUR.GB)
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부터 4월(4) 2024 으로 5월(5) 2024
Burford Capital (AQSE:BUR.GB)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024
