BlackRock Ups Stake in Burford Capital

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

Burford Capital Limited has disclosed a significant change in share ownership, with BlackRock, Inc. crossing a threshold in voting rights, now holding a total of 6.54% of the company. BlackRock’s direct voting rights in Burford Capital come from 14,159,034 shares, amounting to 6.45%, while additional voting rights through financial instruments like securities lending and CFDs make up a smaller fraction. This change, marked by the substantial involvement of a major financial player, could sway investor interest in the litigation finance company.

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