1 August 2017
STATEMENT RE: NEW PORTFOLIO FINANCING TRANSACTION
Burford Capital Limited ("Burford"), a leading global finance and investment management firm focused on law, today issued the following statement:
It is Burford's practice regularly to release marketing and promotional news that is not financially material to Burford's business using media channels other than RNS. Such news is included on Burford's web site, often appears in the legal trade press and is an important part of Burford's client acquisition and marketing strategy.
Yesterday, Burford and a UK law firm, Shepherd and Wedderburn, jointly announced a portfolio financing transaction, the details of which can be found on Burford's web site and which is believed to be the first such transaction with a pure UK law firm. That transaction is not financially material to Burford and is part of the normal course of our business. Nonetheless, we are delighted to have announced the transaction and to be working with Shepherd and Wedderburn to explore the benefits of portfolio finance for the firm's growing practice.
For further information, please contact:
Macquarie Capital (Europe) Limited - NOMAD and Joint Broker |
+44 (0)20 3037 2000 |
Jonny Allison |
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Nicholas Harland |
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Liberum Capital Limited - Joint Broker |
+44 (0)20 3100 2222 |
Richard Crawley |
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Jamie Richards |
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Numis Securities Limited - Joint Broker |
+44 (0)20 7260 1000 |
Charlie Farquhar |
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Andrew Holloway |
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Neustria Partners - Financial Communications for Burford Capital |
+44 (0)20 3021 2580 |
Robert Bailhache [email] |
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Charles Gorman [email] |
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Nick Henderson [email] |
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Burford Capital Limited |
+1 212 235 6825 |
Elizabeth O'Connell, CFA, Managing Director |
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About Burford Capital
Burford Capital is a leading global finance and investment 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 and Chicago.
For more information about Burford: www.burfordcapital.com
