CatalystWireBeta

Issue of Equity in Connection with LTIP

In brief · summary, not quotable

Burford Capital Limited announced the issuance of 1,823 new ordinary shares on June 30, 2026, to satisfy vesting under its Long Term Incentive Plan, with admission to trading on AIM expected on July 8, 2026. Following this issuance, the company's total issued ordinary share capital stands at 221,829,450 shares, resulting in 219,584,503 total voting rights after excluding treasury shares. This figure will serve as the denominator for shareholders calculating their notification obligations under FCA rules.

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your BUR notes

Burford Capital Limited ("Burford" or the "Company"), 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 June 30, 2026, Burford has issued 1,823 new ordinary shares, no par value per share ("Ordinary Shares"), to satisfy the vesting of restricted share units pursuant to the realization of awards under the LTIP on June 29, 2026.

Application will be made for these 1,823 new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange plc, with an expected date of admission of July 8, 2026. These 1,823 new Ordinary Shares will also be listed on the New York Stock Exchange.

Following the issuance of these new Ordinary Shares, the Company's issued ordinary share capital is 221,829,450, of which 2,244,947 Ordinary 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 219,584,503 after giving effect to the issuance of these new Ordinary 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.

The Company notes that, during the course of June and July 2026, it has issued shares in connection with a number of separate compensation-related obligations arising at different times. Each of these events has a distinct calculation date and settlement timetable, and in this instance it was not practicable to consolidate them into a single issuance or announcement. Accordingly, the Company has made, and is required to make, separate regulatory announcements.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note