Issue of New Shares in Connection With LTIP
Burford issued 528 shares to satisfy LTIP vesting on 23 December 2024.
- New ordinary shares issued 528
- Issued ordinary share capital after issuance 220,091,851
- Total voting rights (excluding treasury) 219,421,904
Select text to share a quote on X · sign in to keep highlights & notes in your BUR notes
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.
Following the issuance of these new Shares, the Company's issued ordinary share capital is 220,091,851, of which 669,947 Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting rights in the Company, excluding treasury shares, will be 219,421,904 after giving effect to this issuance of new Shares. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in the Company under the Disclosure Guidance and Transparency Rules of the UK Financial Conduct Authority.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.