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Bumi plc announcement

25 Jan 2013 16:08

RNS Number : 4272W
Bumi plc
25 January 2013
 



 

 

 

 

25 January 2013

 

For Immediate Release

 

 

Bumi plc ("Bumi" or the "Company")

 

Bumi Announcement

 

The Board of Bumi Plc notes the announcement (RNS Number 1314W) by NR Investments, which stated that "The current Board is proposing the effective liquidation of the Company…".

 

The Board has no intention of liquidating the Company and has clearly stated publicly in its announcement of 7 January that it is progressing its proposal to unwind the relationship with Bumi Resources and the Bakrie Group in a transaction that will result in an operating group focused on Berau and with significant cash resources.

 

The above statement by NR Investments is wholly inaccurate and appears intended to mislead shareholders as part of a sustained campaign by Nat Rothschild to take control of the Company without paying a premium.

 

For enquiries, please contact:

 

RLM Finsbury

Ed Simpkins / Charles O'Brien +44 (0) 20 7251 3801

 

-Ends-

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
STREAKFSAEEDEFF
Date   Source Headline
6th Jul 20111:03 pmRNSBumi plc Reduction of Capital
6th Jul 20117:00 amRNSStep-up Acquistions
5th Jul 20117:00 amRNSBumi Resources Step-Up Acquisitions
1st Jul 201112:36 pmRNSAppointment of Non-Executive Director
30th Jun 20114:10 pmRNSFurther acquisition of holdings in Bumi Resources

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