Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Bumi plc announcement

25th 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

Related Shares:

ARMS.L
FTSE 100 Latest
Value8,275.66
Change0.00