Table of Contents Table of contents | | Page | | --- | --- | | Forward-looking statements | 2 | | Certain terms used in this Quarterly Report | 3 | | Condensed consolidated financial statements | | | Condensed consolidated statements of operations for the three and six months ended June 30, | 8 | | 2024 and 2023 | | | Condensed consolidated statements of comprehensive income/(loss) for the three and six | 9 | | months ended June 30, 2024 and 2023 | | | Condensed consolidated statements of financial position ...

NEW YORK, Aug. 5, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces that effective January 1, 2025, it will become a US domestic issuer after determining that Burford's US ownership exceeds 50% of its issued and outstanding ordinary shares as of June 30, 2024. As a result, Buford will no longer qualify as a "foreign private issuer", as defined under the US Securities Act of 1934, as amended. As a US domestic issuer, ...

NEW YORK, July 9, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, is pleased to announce that, on July 1, 2024, the audit committee (the "Audit Committee") of Burford's board of directors (the "Board") has approved, and the Board has ratified, the appointment of KPMG LLP ("KPMG") as Burford's independent registered public accounting firm. KPMG will review Burford's consolidated financial statements for the three and nine months e ...

NEW YORK, June 28, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, provides the following notifications of various transactions in connection with the Burford Capital 2016 Long Term Incentive Plan (the "LTIP"). Following the issuance of these new Shares, the Company's issued ordinary share capital is 220,082,694, of which 669,947 Shares are held in treasury and do not have any voting rights. Therefore, the total number of voting ...

Core Points - Burford Capital Limited announced the distribution of 202,018 ordinary shares to its executives, including CEO Christopher Bogart and CIO Jonathan Molot, effective June 18, 2024 [8][9] - The total issued ordinary share capital of the company is now 220,057,785, with 669,947 shares held in treasury, resulting in 219,387,838 voting rights available to shareholders [2] Group 1: Share Distribution Details - The share distribution includes 85,310 shares to Mr. Bogart, 82,874 shares to Mr. Molot, 20,552 shares to Ms. Will, and 13,282 shares to Mr. Perla, reflecting shares withheld for tax purposes [1][8] - The shares were distributed as part of the Burford Capital Deferred Compensation Plan, where executives used their cash compensation to invest in notional shares [8][9] Group 2: Market Information - An application will be made for the newly issued shares to be admitted to trading on the AIM market of the London Stock Exchange, with an expected admission date of June 28, 2024 [9] - The shares will also be listed on the New York Stock Exchange [9] Group 3: Company Overview - Burford Capital is a leading global finance and asset management firm focused on law, involved in litigation finance, risk management, and legal advisory activities [18] - The company operates globally with offices in major cities including New York, London, and Hong Kong, and is publicly traded on both the NYSE and LSE [18]

Group 1: Healthcare Industry Trends - The US healthcare industry is experiencing significant changes due to factors such as consolidation, rising costs, and lingering impacts from Covid-19, leading to an increase in major disputes [1][6][7] - The increase in disputes is driving shifts in how healthcare businesses pursue and finance recoveries [1][6] Group 2: Legal Finance Insights - Judges at a recent conference indicated that mandatory disclosure of legal finance is unnecessary and could hinder business efficiency in pursuing claims [2] - Burford Capital's latest quarterly report highlights the economic factors and business trends affecting various industries, with a focus on the healthcare sector and construction disputes [7][10] Group 3: Unified Patent Court Impact - The Unified Patent Court (UPC) has been operational for a year, impacting 17 member nations and over 300 million people, leading to increased interest in financing IP litigation in Europe [4][7]

NEW YORK, June 6, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, provides an update on the completed purchases of Burford's ordinary shares of nil par value ("Shares") to satisfy non-employee directors' awards and grants of Shares to non-employee directors under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan (the "NED Plan"). On June 4, 2024, Burford completed the open market purchases of 19,285 Shares on th ...

NEW YORK, June 3, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, today announces the intended open market purchases of Burford's ordinary shares of nil par value ("Shares") on the London Stock Exchange to satisfy a grant of awards to Burford's non-employee directors under the Burford Capital Limited 2021 Non-Employee Directors' Share Plan as soon as practicable following this announcement. One of Burford's joint brokers, Numis S ...

Core Insights - Burford Capital is set to join the Russell 3000® and Russell 2000® Indexes, marking the first entry of legal finance as an emerging asset class into these indexes, effective July 1, 2024 [1][2] - The inclusion of Burford in these indexes highlights its growth and the increasing demand for legal finance services among Fortune 500 companies and major law firms [2][3] Company Overview - Burford Capital, founded in 2009, specializes in litigation finance, risk management, and legal advisory services, and has a multi-billion dollar portfolio [2][4] - The company has achieved significant milestones, including a landmark judgment of approximately $16 billion in a case against Argentina, which is the largest in the history of the US District Court for the Southern District of New York [2] Market Position - Burford's CEO emphasized the growing recognition among business leaders of legal finance as a means to transform legal departments into capital sources, evidenced by a recent $325 million commitment from a Fortune 50 company [3] - The Russell indexes are widely utilized by investment managers and institutional investors, with about $10.5 trillion in assets benchmarked against them as of December 2023 [3]

NEW YORK, May 20, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford"), the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its annual general meeting held on May 15, 2024 were approved by shareholders, including, among others, the approval of a final dividend of 6.25¢ (United States cents) per ordinary share to be paid on June 14, 2024 to all ordinary shareholders on the register of members at the close of business on May 2 ...