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Statement re Shareholder Transaction

30 Dec 2011 10:16

RNS Number : 7949U
Bumi plc
30 December 2011
 



30 December 2011

For immediate release

 

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

Shareholder Transaction

 

Bumi plc wishes to draw shareholders' attention to the attached announcement by Bakrie & Brothers regarding the PT Borneo Lumbung Energy Tbk shareholder transaction.

 

 

 

 

For further information, please contact:

 

Bumi plc: +44 (0) 20 7201 7507

Nick von Schirnding

 

Finsbury: +44 (0) 20 7251 3801

Ed Simpkins

Charles Chichester

 

 

 

 

 

 

 

 

 

 

 

 

Press Release

 

 

 

 

Jakarta, December 30, 2011

 

Further to PT Bakrie & Brothers Tbk ("BNBR" or the "Company") announcement on November 1, 2011 in regards to the sale and purchase agreement between the Company and Long Haul Holdings (collectively known as "Bakrie Group") with PT Borneo Lumbung Energy Tbk ("BORN"), and following the approval from BORN's shareholder in its Extraordinary General Meeting dated 30 December 2011; we are pleased to announce that Bakrie Group and BORN now jointly own a 47,6% stake in Bumi plc.

 

Bumi plc is a London-listed mining company, with investments in world class mining assets, namely PT Bumi Resources Tbk (BUMI) and PT Berau Coal Energy Tbk (BRAU).

 

 

 

 

For further information please contact:

 

Media Relations: Siddharta Moersjid, Director

Siddharta.moersjid@bakrie.co.id

 

Investor Relations: Indra Ginting, Chief Investor Relations Officer

Indra.Ginting@bakrie.co.id

 

or visit our website: www.bakrie-brothers.com

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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