Business
Completion of IPO and Commenc
Completion of IPO and Commenc.
About this update from Burford Capital Limited
[{"type":"text","content":"\n RNS Number : 1235B Burford Capital 21 October 2009 \n \n\n21 October 2009\n\nBurford Capital Announces Completion of IPO and Commencement of Trading\n\nBurford Capital Limited (\"Burford Capital\" or the \"Company\"), the commercial dispute investor, today announces the successful completion of its IPO and admission of its 80 million ordinary shares to the AIM Market of the London Stock Exchange plc (\"Admission\"). Unconditional dealing in its shares will commence at 8.00am this morning. \n\nBurford Capital's ticker symbol is BUR. Fox-Pitt, Kelton Limited is acting as Nominated Adviser and Broker to the Company. Execution Limited acted as Co-Lead Manager on the IPO.\n\n\nFor further information, please contact:\n\nFox-Pitt, Kelton Limited\nMarc Milmo +44 (0)20 7663 6011\nJonny Franklin-Adams +44 (0)20 7663 6029\n\nFinancial Dynamics\nRob Bailhache +44 (0)20 7269 7200\nNick Henderson +44 (0)20 7269 7114\n\nwww.burfordcapital.com\n\n \nNotes to Editors\n\n\n\nBurford Capital's strategy is to create and manage a portfolio of commercial dispute financing investments diversified by duration, claim type, geography and a number of other variables, with the aim of providing shareholders with attractive levels of dividends and capital growth. The Company expects returns to be uncorrelated to general equity market performance. \n\n\n\n\nIn the short term, the Company intends to focus on commercial disputes in the United States and on international arbitration matters; in the medium term, the Company may expand its focus to other attractive and suitable jurisdictions.\n\n\n\n\nIn the absence of unforeseen circumstances, the Company anticipates th...