Notification Of Transactions By Persons Discharging Managerial Responsibilities
"
Update on
The table below sets forth the aggregate actual and potential ownership of members of
Management committee member / PDMR |
Owned Shares |
Unvested restricted stock units ("RSUs") |
Shares under the
deferred compensation plan (deferred cash compensation)2 |
Shares under the Burford Capital deferred compensation plan (deferred RSUs) |
Total3 |
Total as % of Shares issued and outstanding5 |
|
240,122 |
84,304 |
— |
— |
324,426 |
0.15 |
|
9,207,115 |
566,652 |
411,182 |
225,610 |
10,410,559 |
4.76 |
|
64,041 |
84,304 |
6,305 |
— |
154,650 |
0.07 |
|
— |
160,634 |
— |
— |
160,634 |
0.07 |
|
9,811,515 |
566,652 |
569,507 |
225,610 |
11,173,284 |
5.11 |
|
130,892 |
84,304 |
— |
42,112 |
257,308 |
0.12 |
|
72,207 |
84,304 |
27,975 |
103,414 |
287,900 |
0.13 |
|
297,927 |
84,304 |
27,217 |
46,796 |
456,244 |
0.21 |
Total management committee |
19,823,819 |
1,715,478 |
1,042,186 |
643,542 |
23,225,005 |
10.62 |
Vesting of Restricted Stock Units
The table below sets forth the number of RSUs granted to members of
Management committee member / PDMR |
Number of RSUs vested
on the LTIP |
Net number of Shares delivered to the PDMR (after giving effect to any tax withholding) |
Number of Shares deferred under the Burford Capital deferred compensation plan |
|
75,496 |
75,496 |
— |
|
225,610 |
— |
225,610 |
|
35,138 |
19,328 |
— |
|
— |
— |
— |
|
225,610 |
— |
225,610 |
|
42,112 |
— |
42,112 |
|
105,903 |
— |
103,414 |
|
47,923 |
— |
46,796 |
Additional information with respect to the Burford Capital deferred compensation plan can be found in
The Notification of Dealing Forms for each of the transactions set forth above are included at the end of this announcement.
1
Investments during the period from |
|
2
Includes 33% matching contribution by |
|
3
The "Total" figures in the table above present total potential ownership of Shares but do not present beneficial ownership as calculated in accordance with the rules of the |
|
4
Includes Shares held by Messrs. Bogart and Molot's US charitable foundations. As of |
|
5
Percentage figures calculated using 218,646,081 Shares issued and outstanding as of |
About
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
This announcement does not constitute an offer of any
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,
Except as required by law,
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Deputy Chief Investment Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Vesting of share award under the |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
75,496 (total vesting) |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31
|
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Chief Executive Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Crediting of Ordinary Shares that have vested but not been delivered under the Burford Capital 2016 Long
Term Incentive Plan into
unit account pursuant to compensation plan |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
225,610 |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of General Counsel and Chief Administrative Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Vesting of share award under the Long Term Incentive Plan. After the settlement of tax, the individual described above received net 19,328 shares. |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
i.
ii.
|
35,138 (total vesting)
19,328 (total net shares) |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Chief Investment Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Crediting of Ordinary Shares that have vested but not been delivered under the Burford Capital 2016 Long Term Incentive Plan into Mr. Molot's restricted stock unit account pursuant to Burford's deferred compensation plan |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
225,610 |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Chief Strategy Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Crediting of Ordinary Shares that have vested but not been delivered under the Burford Capital 2016 Long Term Incentive Plan into Ms. O'Connell's restricted stock unit account pursuant to Burford's deferred compensation plan |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
42,112 |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Co- Chief Operating Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Crediting of Ordinary Shares that have vested but not been delivered under the Burford Capital 2016 Long Term Incentive Plan into Mr. Perla's restricted stock unit account pursuant to Burford's deferred compensation plan |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
103,414 |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||
|
(a) |
|
|
2 |
Reason for the notification |
|
|
|
(a) Position/status |
A PDMR occupying the position of Co- Chief Operating Officer |
|
|
(b) Initial notification /Amendment |
Initial |
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
||
|
(a) |
|
|
|
(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 the financial instrument, type of instrument |
Ordinary Shares |
|
|
Identification code |
GG00BMGYLN96 |
|
|
(b) Nature of the transaction |
Crediting of Ordinary Shares that have vested but not been delivered under the Burford Capital 2016 Long
Term Incentive Plan into
account pursuant to plan |
|
|
(c) Price(s)and volume(s) |
Price(s) |
Volume(s) |
|
46,796 |
||
|
|
||
|
(d) Aggregated information • Aggregated volume • Price |
N/A |
|
|
(e) Date of the transaction |
2024-03-31 |
|
|
(f) Place of the transaction |
Outside a trading venue |
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