Business
Report Critique Meritless, Principals to Buy Stock
Report Critique Meritless, Principals to Buy Stock.
About this update from Burford Capital Limited
[{"type":"text","content":"\n \nRNS Number : 2980I Burford Capital Limited 07 August 2019 \n\n \n7 August 2019\n \nREPORT'S CRITICISMS WITHOUT MERIT AND\nBURFORD PRINCIPALS TO PURCHASE SHARES\n \nThe Board of Burford Capital Limited (\"Burford\" or the \"Company\") takes note of the short attack report issued this morning by Muddy Waters, a firm known for such tactics, and believes that the report's criticisms are without merit. Burford will issue a detailed response to the report as soon as practicable and, following that detailed response, will also convene an investor conference call, as to which participation details will be provided in due course.\n \nChristopher Bogart and Jonathan Molot, Burford's Chief Executive Officer and Chief Investment Officer, respectively, have informed the Board that once Burford's detailed response to the Muddy Waters' report allegations has been published, they each intend to purchase Burford shares for their personal accounts.\n \n \nFor further information, please contact:\n \n\n\n\nBurford Capital Limited\n\n\n\n\n\n\n\nElizabeth O'Connell, CFA, Chief Financial Officer\n\n\n+1 212 235 6825\n\n\n\n\n\n\n\n\n\n\n\n\nMacquarie Capital (Europe) Limited - NOMAD and Joint Broker\n\n\n+44 (0)20 3037 2000\n\n\n\n\nJonny Allison\n\n\n\n\n\n\n\nAlex Reynolds\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nLiberum Capital Limited - Joint Broker\n\n\n+44 (0)20 3100 2222\n\n\n\n\nRichard Crawley\n\n\n\n\n\n\n\nJamie Richards\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNumis Securities Limited - Joint Broker\n\n\n+44 (0)20 7260 1000\n\n\n\n\nCharlie Farquhar\n\n\n\n\n\n\n\nJonathan Abbott\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMontfort Communications Limited - Financial Communications\n\n\n+44 (0)20 3770 7908\n\n\n\n\nRobert Bailhache - email\n\n\n\n\n\n\n \n \nAbout Burford Capital\nBurford Capital is the 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, Chicago, Washington, Singapore and Sydney.\n \nFor more information about Burford: www.burfordcapital.com\n \n \nThis release does no...