29 September 2020

BURFORD ANNOUNCES UPDATE ON PROPOSED NYSE LISTING

Burford expands investor relations function

Burford Capital Limited ("Burford Capital" or "Burford" or "the Company"), the leading global finance and asset management firm focused on law, today announced that the US Securities and Exchange Commission ("SEC") has completed its review of Burford's Form 20-F registration statement.

As previously noted, some administrative and mechanical matters will now need to occur prior to the commencement of trading of Burford's ordinary shares on the New York Stock Exchange ("NYSE"), in addition to continuing trading on London Stock Exchange AIM.  Burford will shortly communicate with shareholders about those matters.  Once they are complete, it is anticipated that trading on the NYSE will commence on Monday 19 October. 

In anticipation of the US listing, Burford has expanded its investor relations function.

Christopher Bogart, CEO of Burford, commented:

"Today marks a significant step in Burford's evolution, as well as proving our leadership in the further institutionalisation of legal finance in global capital markets.  We expect our US listing to create a positive symbiosis for our business, serving to increase the pool of investors able to invest in Burford's shares while also more broadly raising our profile in the US capital markets.  In time, both these developments may lower Burford's cost of capital.  Furthermore, as the first legal finance firm to list its shares on a US stock exchange and become subject to NYSE and SEC regulation, we are choosing to submit ourselves, corporately and individually, to the rigour of the world's most well-regarded securities regulatory framework."

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

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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 London Stock Exchange, and it works with law firms and clients around the world from its principal offices in New York, London, Chicago, Washington, Singapore and Sydney.

For more information about Burford: www.burfordcapital.com

This release does not constitute an offer of any Burford fund. Burford Capital Investment Management LLC ("BCIM"), which acts as the fund manager of all Burford funds, is registered as an investment adviser with the U.S. Securities and Exchange Commission. The information provided herein is for informational purposes only. Past performance is not indicative of future results. The information contained herein 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 the funds). Any such offer or solicitation may be made only by means of a final confidential Private Placement Memorandum and other offering documents.