Burford Capital Issues New Ordinary Shares to Satisfy Vesting of Restricted Stock Units

Burford Capital Limited, a leading global finance and asset management firm focused on law, has announced the issuance of new ordinary shares in connection with its 2016 Long Term Incentive Plan (LTIP). On October 6, 2023, the company issued 263,511 new ordinary shares to fulfill the vesting of restricted stock units under the LTIP. This issuance of shares was largely offset by share repurchases completed on September 26, 2023.

The new ordinary shares will be listed on the AIM market of the London Stock Exchange and the New York Stock Exchange, with the expected date of admission being October 13, 2023. Following this issuance, Burford Capital’s issued ordinary share capital will be 219,313,388, with 350,947 shares held in treasury and no voting rights. The total number of voting rights in the company, excluding treasury shares, will be 218,962,441.

Burford Capital, with offices in major cities around the world, including New York, London, and Hong Kong, specializes in litigation finance and risk management, asset recovery, and legal finance and advisory activities. The company is publicly traded on the New York Stock Exchange and the London Stock Exchange.

For more information about Burford Capital, please visit their website at www.burfordcapital.com.