26th Jan 2005 18:00
Burren Energy PLC26 January 2005 Burren Energy plc ("Company") Seymour Pierce Limited and KBC Peel Hunt have today placed on behalf of existingshareholders 22 million ordinary shares at 440p per share with institutionalinvestors. Of the existing shareholders who sold shares in the placing, three hadnotifiable interests as follows: a) First NIS Regional Fund SICAF sold 9,261,497 shares, andremains interested in 12,088,086 shares, representing 8.8 per cent. of theissued share capital of the Company; b) Cavendish Nominees Limited sold 4,001,534 shares, andremains interested in 5,222,794 shares, representing 3.8 per cent. of the issuedshare capital of the Company; and c) Tacoma E&P Limited ("Tacoma") sold 8,000,000 shares, andremains interested in 15,595,000 shares, representing 11.3 per cent. of theissued share capital of the company. Mr P Lasry a Director of the Company and the estate of Mr A Dossenbach, a formerDirector of the Company, are beneficially interested in the share capital ofTacoma. The Tacoma shares sold were sold on behalf of the estate of Mr ADossenbach. Mr P Lasry has received no benefit or consideration from the sale ofthe Tacoma shares. Enquiries: Hywel JohnCompany SecretaryBurren Energy plc 020 7484 1900 John DepasqualeSeymour Pierce Limited 020 7107 8000 Charlotte StoneGavin Anderson 0207 554 1400 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Burford Capital