Burford Capital Issues New Shares and Adjusts LTIP
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Burford Capital Issues New Shares and Adjusts LTIP

Burford Capital (GB:BUR) has released an update.

Burford Capital Limited, the global finance and asset management firm, has issued 24,909 new ordinary shares under its 2016 Long Term Incentive Plan, with trading expected to commence on the AIM market of the London Stock Exchange and be listed on the New York Stock Exchange by July 4, 2024. Additionally, an adjustment to the previously awarded unvested shares has been made, resulting in a reduction of 32,043 shares each for the CEO and CIO following a review of the grant computation. Post-issuance, Burford’s total voting rights will be 219,412,747, excluding treasury shares.

For further insights into GB:BUR stock, check out TipRanks’ Stock Analysis page.

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