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11 Apr 2013 15:23
SCHRODER INVESTMENT MANAGEMENT LIMITED STATEMENT RE BUMI PLC
11 April 2013
Schroder Investment Management Limited is fully supportive of shareholder engagement and voting power as the ultimate expression of shareholders' rights.
Following the Bumi plc EGM on 21 February, we recognise that shareholders have considered the resolutions and voted as they see fit. We intend to evaluate any further governance proposals on their own merits and believe it is in the best interests of all shareholders that the company moves forward in proceeding with the separation from Bumi Resources and in re-shaping the Bumi plc board.
We have re-engaged with the Bumi plc board and are supportive of their efforts to progress towards these two ends and the restoration of shareholder value.
For further information, please contact:
Graham Staples Company Secretary, Schroders plc | +44 (0) 20 7658 6742 graham.staples@schroders.com |
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