Burford Capital updates on proposed NYSE listing
The Securities and Exchange Commission has completed its review of Burford’s Form 20-F registration statement.
Finance and asset management firm Burford Capital Limited (LON:BUR) today announces that the United States Securities and Exchange Commission (SEC) has completed its review of Burford’s Form 20-F registration statement.
The company explains that some administrative and mechanical matters will need to occur before the commencement of trading of Burford’s ordinary shares on the New York Stock Exchange (NYSE), in addition to continuing trading on London Stock Exchange AIM. Once they are complete, it is anticipated that trading on the NYSE will commence on Monday October 19, 2020.
In anticipation of the US listing, Burford has expanded its investor relations function.
Robert Bailhache, who has been with Burford full-time since September 2019 and has been a close external adviser since Burford’s IPO in 2009, will become Head of Investor Relations, EMEA and Asia, based in London.
James Ballan has joined Burford as Head of Investor Relations, Americas, based in New York. Mr Ballan has a decade of senior IR experience at specialty finance firms, most recently as Director, Investor Relations at CIT Group (NYSE:CIT), and has a further 20 years of Wall Street experience in banking and as a senior sell-side research analyst.
Brian Tracy, who has been with Burford since 2017, continues to run Burford’s private funds IR function as Head of Investor Relations, Private Funds, based in Chicago.