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LONDON - Burford Capital Limited (NYSE:BK)(AIM:BUR) has issued 9,168 new ordinary shares to fulfill vesting requirements under its 2016 Long Term Incentive Plan (LTIP), according to a press release statement issued Thursday.
The shares were issued on July 1 to satisfy restricted share unit awards that vested on June 30, 2025. The company expects these new shares to be admitted to trading on the London Stock Exchange (LON:LSEG)’s AIM market by July 11. The shares will also be listed on the New York Stock Exchange.
Following this issuance, Burford’s total issued ordinary share capital now stands at 220,581,538 shares. With 1,769,947 shares held in treasury without voting rights, the total number of voting shares in the company will be 218,811,591.
The company noted that shareholders may use this updated voting rights figure as the denominator for calculations to determine if they need to notify their interest in the company under the UK Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Burford Capital describes itself as a finance and asset management firm focused on law.
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