Pound Sterling Conversion Rate for 2024 Final Dividend

Rhea-AI Summary

Burford Capital Limited (BUR) has announced the pound sterling conversion rate for its 2024 final dividend. The company will pay a dividend of 6.25 US cents per ordinary share, which converts to 4.625498 pence per share for shareholders receiving payment in GBP. The conversion rate was set at £1 = US$1.351206 on May 29, 2025. The dividend will be distributed on June 13, 2025 to shareholders who were on record as of May 23, 2025. This announcement from the leading global finance and asset management firm specializing in law provides clarity for international shareholders regarding their upcoming dividend payment.

Positive

• Consistent dividend payment demonstrates company's commitment to shareholder returns
• Provides option for shareholders to receive dividends in either USD or GBP

Negative

• None.

NEW YORK, May 30, 2025 /PRNewswire/ -- Burford Capital Limited, the leading global finance and asset management firm focused on law, today announces the pound sterling conversion rate for its shareholder-approved final dividend for the year ended December 31, 2024 of 6.25 US cents per ordinary share to be paid on June 13, 2025 to shareholders of record as of May 23, 2025.

For shareholders electing to receive their dividend in pound sterling, the final dividend is 4.625498 pence per ordinary share, based on the exchange rate of £1 = US$1.351206 set on May 29, 2025.

About Burford Capital

Burford Capital is the leading global finance and asset 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 New York Stock Exchange (NYSE: BUR) and the London Stock Exchange (LSE: BUR) and works with companies and law firms around the world from its global network of offices.

For more information, please visit www.burfordcapital.com.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any ordinary shares or other securities of Burford.

This press release does not constitute an offer of any Burford private fund. Burford Capital Investment Management LLC, which acts as the fund manager of all Burford private funds, is registered as an investment adviser with the US Securities and Exchange Commission. The information provided in this press release is for informational purposes only. Past performance is not indicative of future results. The information contained in this press release is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities (including interests or shares in any of Burford private funds). Any such offer or solicitation may be made only by means of a final confidential private placement memorandum and other offering documents.

Forward-looking statements

This press release contains "forward-looking statements" within the meaning of Section 27A of the US Securities Act of 1933, as amended, and Section 21E of the US Securities Exchange Act of 1934, as amended, that are intended to be covered by the safe harbor provided for under these sections. In some cases, words such as "aim", "anticipate", "believe", "continue", "could", "estimate", "expect", "forecast", "guidance", "intend", "may", "plan", "potential", "predict", "projected", "should" or "will", or the negative of such terms or other comparable terminology, are intended to identify forward-looking statements. Although Burford believes that the assumptions, expectations, projections, intentions and beliefs about future results and events reflected in forward-looking statements have a reasonable basis and are expressed in good faith, forward-looking statements involve known and unknown risks, uncertainties and other factors, which could cause Burford's actual results and events to differ materially from (and be more negative than) future results and events expressed, projected or implied by these forward-looking statements. Factors that might cause future results and events to differ include, among others, those discussed in the "Risk Factors" section of Burford's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the US Securities and Exchange Commission on March 3, 2025. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements contained in the periodic and current reports that Burford files with or furnishes to the US Securities and Exchange Commission. Many of these factors are beyond Burford's ability to control or predict, and new factors emerge from time to time. Furthermore, Burford cannot assess the impact of each such factor on its business or the extent to which any factor or combination of factors may cause actual results and events to be materially different from those contained in any forward-looking statement. Given these uncertainties, readers are cautioned not to place undue reliance on Burford's forward-looking statements.

All subsequent written and oral forward-looking statements attributable to Burford or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements speak only as of the date of this press release and, except as required by applicable law, Burford undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

View original content:https://www.prnewswire.com/news-releases/pound-sterling-conversion-rate-for-2024-final-dividend-302468991.html

SOURCE Burford Capital Limited

FAQ

What is Burford Capital's (BUR) 2024 final dividend amount?

Burford Capital's 2024 final dividend is 6.25 US cents per ordinary share, or 4.625498 pence for shareholders receiving payment in GBP.

When will BUR pay its 2024 final dividend?

Burford Capital will pay the 2024 final dividend on June 13, 2025 to shareholders of record as of May 23, 2025.

What is the GBP/USD exchange rate used for Burford Capital's dividend conversion?

The exchange rate used for the dividend conversion was £1 = US$1.351206, set on May 29, 2025.

How can shareholders receive their Burford Capital dividend in pounds sterling?

Shareholders can elect to receive their dividend in pound sterling instead of US dollars, with the conversion rate of 4.625498 pence per ordinary share.