NEW YORK, Dec. 27, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that, in connection with the Burford Capital 2016 Long Term Incentive Plan (the "LTIP"), on December 23, 2024, it has issued 528 new ordinary shares, no par value per share ("Shares"), to satisfy the vesting of restricted stock units pursuant to the realization of awards under the LTIP on December 20, 2024.

Application will be made for these 528 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc. The expected date of admission is January 3, 2025. These 528 new Shares will also be listed on the New York Stock Exchange.

Nearly two in three GCs expect legal fees and expenses to exceed $4 million per energy transition case

NEW YORK, Nov. 12, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases new research entitled "Energy transition disputes: GCs and senior lawyers on the business impacts of legal challenges to come," which demonstrates how businesses are preparing for a likely rise in legal disputes related to the global energy transition. This transition―or the shift to renewable sources of energy―is likely to cause an increase in expensive commercial disputes.

NEW YORK, Nov. 8, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces the pound sterling conversion rate for its previously declared interim dividend for the year ending December 31, 2024 of 6.25 US cents per ordinary share to be paid on December 5, 2024 to shareholders of record as of November 1, 2024.

For shareholders electing to receive their dividend in pound sterling, the interim dividend is 4.845352 pence per ordinary share, based on the exchange rate of £1 = US$1.289896 set on November 6, 2024.

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and nine months ended September 30, 2024.

In addition, Burford has made available an accompanying three and nine months ended September 30, 2024 results presentation on its website at http://investors.burfordcapital.com.

Christopher Bogart, Chief Executive Officer of Burford Capital, commented:

"We are having a great year as we enjoy the long-awaited momentum in the portfolio. We have generated $556 million in Burford-only cash receipts YTD24 and $310 million just in 3Q24, setting new records. Our core portfolio net realized gains are already in line with the previous annual peak, with $184 million in YTD24 up 49% from YTD23, and $56 million in 3Q24, around twice the level of the 2023 and 2022 third quarters. Net realized gains in YTD24 reflect a ROIC of 94% on realizations which remains above our historical track record. We reported Burford-only net income attributable to shareholders of $136 million in 3Q24 and grew tangible book value to more than $10 per share for the first time. And despite the team being focused on the very active portfolio, new commitments are up substantially in 3Q24 over 3Q23."

NEW YORK, Nov. 7, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, has noted inaccurate media reporting and subsequent market reaction to an expected court filing last night by the U.S. Department of Justice ("DOJ") in the Petersen and Eton Park matters. The filing in the U.S. District Court for the Southern District of New York restates DOJ's position on a narrow question of law in relation to enforcement of judgments. The filing pertains to one motion filed in the Petersen and Eton Park matters as part of the overall, ongoing effort to enforce the judgment against the Argentine Republic. The filing does not reflect DOJ's taking any broader position on the overall case or the enforcement campaign; indeed, DOJ has previously taken the position that pursuing Argentina in the US courts for its breach of contract in this matter was appropriate, and DOJ has not made any filing at all on the pending appeal (and the time to do so has passed). In its filing, DOJ took the view that Argentina could not be required by a U.S. court to move property presently located in Argentina into the United States so it could there be attached for creditors under New York law, which is an unsettled legal issue. The DOJ view is not binding on the court and further briefing and proceedings will ensue. The Company will provide a further update on the Petersen and Eton Park matters during today's earnings call.

NEW YORK, Oct. 28, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that it will release its financial results for the three and nine months ended September 30, 2024 ("3Q24") on Thursday, November 7, 2024, at 7.00am EST / 12.00pm GMT.

Burford will hold a conference call for investors and analysts at 10.00am EST / 3.00pm GMT on Thursday, November 7, 2024. The dial-in numbers for the conference call are +1 (646) 307-1963 (USA) or +1 (800) 715-9871 (USA & Canada toll free) / +44 (0)20 3481 4247 (UK) or +44 800 260 6466 (UK toll free) and the access code is 1730316. To minimize the risk of delayed access, participants are urged to dial into the conference call by 9.40am EST / 2.40pm GMT.

Growth in awareness and use of "corporate finance for law" reinforced in data and in interviews with global law firm lawyers

NEW YORK, Oct. 1, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, has grown significantly since its founding in 2009. As part of ongoing recognition of the growth in legal finance and Burford's industry leadership as it celebrates its 15th anniversary, it today shares data from its own performance and releases new research based on one-on-one phone interviews with senior lawyers at global law firms who have a front seat to growing awareness and use of legal finance by their clients and firms.

NEW YORK, Sept. 26, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today releases its latest Burford Quarterly, a journal of legal finance that explores the top trends at the nexus of law and finance. Coinciding with Burford's 15th anniversary, this Burford Quarterly examines the evolution of the legal finance industry over the last decade-and-a-half and highlights the benefits of legal finance for businesses.

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces that, in connection with the Burford Capital 2016 Long Term Incentive Plan (the "LTIP"), on September 23, 2024, it has issued 8,629 new ordinary shares, no par value per share ("Shares"), to satisfy the vesting of restricted stock units pursuant to the realization of awards under the LTIP on September 20, 2024.

Application will be made for these 8,629 new Shares to be admitted to trading on the AIM market of the London Stock Exchange plc. The expected date of admission is October 1, 2024. These 8,629 new Shares will also be listed on the New York Stock Exchange.

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- Burford Capital, the leading global finance and asset management firm focused on law, today announces that Travis Lenkner has rejoined the company as a member of its Management Committee in the newly created role of Chief Development Officer.

Based in London, Mr. Lenkner is focused on Burford's future and its ongoing transformation of the legal industry. His responsibilities involve identifying and executing strategic initiatives that drive growth and align with the company's long-term objectives, and his areas of focus include law firm equity investments, the alternative delivery of legal services to corporate and individual clients, and legal tech, including AI.

Burford's deep bench of management talent continues to grow and evolve

NEW YORK, Sept. 11, 2024 /PRNewswire/ -- Today marks the 15th anniversary of the founding of Burford Capital, the leading global finance and asset management firm focused on law. In just 15 years, Burford has gone from a single $130 million investment fund to a $7.4 billion industry leader – with a 27x increase in its market capitalization.

NEW YORK, Aug. 23, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its extraordinary general meeting (the "EGM") held on August 20, 2024 were approved by shareholders.

The votes received are detailed below:

Total votes for

Total votes against

Total votes withheld

Ordinary resolutions

1.    To appoint KPMG LLP as the Company's external auditor to hold office until the close of the next annual general meeting of the Company at which accounts are laid

143,284,414

9,963

7,039

2.    To authorize the directors to agree upon the remuneration of the external auditor

143,285,180

5,102

11,134

Special resolution

3.    To adopt the articles of incorporation produced to the EGM and initialled for the purpose of identification by the chairman of the EGM as the articles of incorporation of the Company in substitution for, and to the exclusion of, the Company's existing articles of incorporation

141,847,412

231,013

1,222,991

NEW YORK, Aug. 8, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces its unaudited financial results at and for the three and six months ended June 30, 2024.

In addition, Burford has made available an accompanying three and six months ended June 30, 2024 results presentation and capital provision-direct and capital provision-indirect asset data tables on its website at http://investors.burfordcapital.com.