Business
PDMR Shareholding and Transaction in Own Shares
PDMR Shareholding and Transaction in Own Shares.
About this update from Burford Capital Limited
[{"type":"text","content":"\n \n \n \n 16 August 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n BURFORD CAPITAL LIMITED\n \n \n \n \n \n \n \n \n \n Notification of transactions by persons discharging managerial responsibilities\n \n \n \n \n and\n \n \n \n \n Transaction in own shares\n \n \n \n \n \n \n \n \n Burford Capital Limited (\"Burford\" or the \"Company\"), the leading global finance and asset management firm focused on law, provides the following notification of various transactions by persons discharging managerial responsibilities (each, a \"PDMR\").\n \n \n \n \n \n Burford also provides an update in connection with the number of Burford's ordinary shares of nil par value (\"Shares\") held as treasury shares.\n \n \n \n \n \n Estate planning by Mr Molot\n \n \n \n \n \n On August 11, 2022, 0.343% and 0.022% interests in Jonathan Molot LLC (\"JM LLC\"), a company which is controlled by Chief Investment Officer Jonathan Molot and which holds 6,000,000 Shares, were transferred from Mr Molot to Jonathan T. Molot 2020 Trust and\n Jonathan T. Molot May 2021 Trust, respectively. In addition, on August 11, 2022, 14.179% interest in Jonathan T. Molot 2020 Trust was transferred to Jonathan T. Molot 2017 Remainder Trust. Ongoing annual movement of ownership interests in JM LLC back-and-forth between Mr Molot and annual trusts established by Mr Molot, of which he and his family members are the beneficiaries, is expected as a normal part of the US estate planning undertaken.\n \n \n \n \n \n On August 12, 2022, Mr Molot transferred certain additional interests in JM LLC as follows:\n \n \n \n \n \n ·\n 0.223% to Jonathan T. Molot 2020 Trust No. 2;\n \n \n ·\n 0.011% to Jonathan T. Molot May 2021 Trust;\n \n \n ·\n 0.159% to Jonathan T. Molot 2022 Trust;\n \n \n ·\n 0.578% to Jonathan T. Molot 2017 Remainder Trust;\n \n \n ·\n 0.049% to Jonathan T. Molot 2021 Trust; and\n \n \n ·\n 13.936% to Jonathan T. Molot August 2022 Trust.\n \n \n \n \n \n In addition, on August 12, 2022, Jonathan T. Molot 2020 Trust No. 2 transferred 18.535% interest in JM LLC to Mr Molot.\n \n \n \n \n \n The Notification of Dealing Forms for each of the transactions set forth above are included at the end of this announcement.\n \n \n \n \n \n Transaction in Own Shares and Total Voting Rights\n \n \n  ...