30th Dec 2011 10:16
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
Investor Relations: Indra Ginting, Chief Investor Relations Officer
or visit our website: www.bakrie-brothers.com
Related Shares:
ARMS.L