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 24,
2024.
The votes received are detailed below:
Ordinary
resolutions
|
Total votes
for
|
Total votes
against
|
Total votes
withheld
|
1. To receive the accounts of Burford for the year ended
December 31, 2023 and the report of the directors and the external
auditor thereon
|
128,505,379
|
1,637
|
686,754
|
2. To declare a final dividend of 6.25¢ (United States
cents) per ordinary share
|
129,119,855
|
7,324
|
66,591
|
3. To re-elect Rukia Baruti as director
|
127,904,703
|
1,172,294
|
116,773
|
4. To re-elect Christopher Bogart as director
|
129,099,046
|
20,952
|
73,772
|
5. To re-elect Pamela Corrie as director
|
129,093,481
|
25,306
|
74,983
|
6. To re-elect Robert Gillespie as director
|
127,847,237
|
1,271,499
|
75,034
|
7. To re-elect Christopher Halmy as director
|
128,032,369
|
1,086,357
|
75,044
|
8. To re-elect John Sievwright as director
|
129,052,199
|
66,337
|
75,234
|
9. To re-appoint Ernst & Young LLP as Burford's
external auditor
|
141,486,391
|
901,181
|
59,712
|
10.
To authorize the directors to agree upon
the remuneration of the external auditor
|
128,482,052
|
649,435
|
62,283
|
11.
To authorize the directors to allot
and/or issue ordinary shares in Burford up to a specified
amount
|
124,530,251
|
4,582,687
|
80,832
|
12.
To authorize Burford to make market
acquisitions of its ordinary shares up to a specified
amount
|
129,021,272
|
43,517
|
128,981
|
Special
resolutions
|
13.
To authorize the directors to allot
and/or issue equity securities for cash without making a
pre-emptive offer to shareholders (subject to the limitations set
forth in the resolution)
|
126,091,341
|
2,909,951
|
192,478
|
14.
To authorize the directors to allot
and/or issue equity securities for cash without making a
pre-emptive offer to shareholders (subject to the limitations set
forth in the resolution) for an acquisition or specified capital
investment
|
125,650,917
|
3,348,450
|
194,403
|
|
About Burford Capital
Burford Capital is the leading
global finance and asset 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 New York Stock
Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR), and
it works with companies and law firms around the world from its
offices in New York, London, Chicago, Washington,
DC, Singapore,
Dubai, Sydney and Hong
Kong.
For more information, please visit www.burfordcapital.com.
This announcement does not constitute an offer to sell or the
solicitation of an offer to buy any ordinary shares or other
securities of Burford.
This announcement does not constitute an offer of any Burford
private fund. Burford Capital Investment Management LLC, which
acts as the fund manager of all Burford private funds, is
registered as an investment adviser with the US Securities and
Exchange Commission. The information provided in this announcement
is for informational purposes only. Past performance is not
indicative of future results. The information contained in this
announcement is not, and should not be construed as, an offer to
sell or the solicitation of an offer to buy any securities
(including, without limitation, interests or shares in any of
Burford private funds). Any such offer or solicitation may be made
only by means of a final confidential private placement memorandum
and other offering documents.
Forward-looking statements
This announcement contains
"forward-looking statements" within the meaning of Section 21E of
the US Securities Exchange Act of 1934, as amended, regarding
assumptions, expectations, projections, intentions and beliefs
about future events. These statements are intended as
"forward-looking statements". In some cases, predictive,
future-tense or forward-looking words such as "aim", "anticipate",
"believe", "continue", "could", "estimate", "expect", "forecast",
"guidance", "intend", "may", "plan", "potential", "predict",
"projected", "should" or "will" or the negative of such terms or
other comparable terminology are intended to identify
forward-looking statements, but are not the exclusive means of
identifying such statements. In addition, Burford and its
representatives may from time to time make other oral or written
statements that are forward-looking, including in its periodic
reports that Burford files with, or furnishes to, the
US Securities and Exchange Commission, other information made
available to Burford's security holders and other written
materials. By their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors because
they relate to events and depend on circumstances that may or may
not occur in the future. Burford cautions that forward-looking
statements are not guarantees of future performance and are based
on numerous assumptions, expectations, projections, intentions and
beliefs and that Burford's actual results of operations,
including its financial position and liquidity, and the development
of the industry in which it operates, may differ materially from
(and be more negative than) those made in, or suggested by, the
forward-looking statements contained in this announcement.
Significant factors that may cause actual results to differ from
those Burford expects include, among others, those discussed under
"Risk Factors" in Burford's annual report on Form 20-F for the year
ended December 31, 2023 filed with
the US Securities and Exchange Commission on March 28, 2024 and other reports or documents
that Burford files with, or furnishes to, the US Securities
and Exchange Commission from time to time. In addition, even if
Burford's results of operations, including its financial position
and liquidity, and the development of the industry in which it
operates are consistent with the forward-looking statements
contained in this announcement, those results of operations or
developments may not be indicative of results of operations or
developments in subsequent periods.
Except as required by law, Burford undertakes no obligation to
update or revise the forward-looking statements contained in this
announcement, whether as a result of new information, future events
or otherwise.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/burford-capital-announces-results-of-the-2024-agm-302149960.html
SOURCE Burford Capital