Business
Despatch of Shareholder Letter on Dual Listing
Despatch of Shareholder Letter on Dual Listing.
About this update from Burford Capital Limited
[{"type":"text","content":"\n \n \n \n RNS Number : 3690A\n Burford Capital Limited\n 29 September 2020\n \n \n \n \n \n \n \n \n \n \n 29 September 2020\n \n \n \n \n \n \n \n \n BURFORD CAPITAL DESPATCHES SHAREHOLDER LETTER ON DUAL LISTING \n \n \n \n \n \n Burford Capital Limited (\"Burford Capital\" or \"Burford\" or \"the Company\"), the leading global finance and asset management firm focused on law, today announces that it will shortly be mailing to shareholders a letter regarding its plan to establish a US listing on the New York Stock Exchange (\"NYSE\") for Burford's shares in addition to continuing their trading on the London Stock Exchange's AIM (\"AIM\").\n \n \n \n \n \n As Burford disclosed on 14 September 2020, to\n enable trading on both the NYSE and AIM, certain mechanical and administrative matters need to occur. The anticipated timing, structure and required actions are set out below in the shareholder letters sent (i) to those shareholders holding Burford shares in CREST and (ii) to certificated shareholders. A copy of both letters, some responses to frequently asked questions in relation to the election process and other related information have been uploaded to the Burford website at \n \n \n https://www.burfordcapital.com/shareholders/governance/#USlisting\n \n \n . \n \n A summary of the anticipated timetable is as follows:\n \n \n \n \n \n - \n Closing of elections: 1.00pm on Friday 16 October\n \n \n - \n Record Date: close of business in the UK on Friday 16 October\n \n \n - \n Enablement of new UK ISIN: Monday 19 October at 8.00am UK / 3.00am ET\n \n \n - \n Completion of US listing: Monday 19 October at 2.30pm UK / 9.30am ET\n \n \n \n \n \n This communication shall not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.\n \n \n \n \n \n \n The dates in this announcement are indicative and are subject to change. In the event that \n \n the planned NYSE listing date is delayed, or cancelled, an announcement will be made via the Regulatory News Service.\n \n \n \n \n Letter to shareholders holding their Burford shares in CREST\n \n \n \n \n \n Dear Shareholder,\n \n \n \n \n \n As you know, we are in the process of adding a US listing on ...