Press releases 2011
London Stock Exchange Welcomes Bumi Plc To The Main Market
- Company eligible to be the first Indonesia-focused company to enter FTSE100
- 52 companies from South East Asia now listed on London Stock Exchange markets
Bumi plc (“Bumi”) today joins the Main Market of the London Stock Exchange, with a Premium Listing, becoming the third Indonesia focussed company to join the Main Market with a premium listing.
Bumi, formerly Vallar plc, comprises coal mining businesses PT Bumi Resources Tbk and PT Berau Coal Energy Tbk and a portfolio of base metals, iron ore and precious metals assets of PT Bumi Resources Minerals Tbk. The company has significant coal producing assets in Indonesia and is incorporated in the UK.
Tracey Pierce, Director of Equity Primary Markets at London Stock Exchange Group, said:
“We are delighted to welcome Bumi to the Main Market today. A London flotation affords the company access to the broadest pool of international capital in the world, listing and trading alongside its global peers. A Premium Listing ensures it is subject to the highest regulatory standards, and makes it eligible for inclusion in the internationally recognised and tracked FTSE indices.”
Bumi joins eight other companies with operations principally focused in Indonesia trading on London Stock Exchange Group’s markets. MP Evans Group, Archipelago Resources, Churchill Mining, Sound Oil and Kalimantan Gold are all quoted on AIM. Telekomunikasi have Global Depositary Receipts (GDRs) trading on the Main Market. Anglo-Eastern and R.E.A. Holdings have Premium Listings on the Main Market.
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For further information, please contact:
Lauren Crawley-Moore Press Office +44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) sits at the heart of the world’s financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS, Europe's leading fixed income market; and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe’s capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services.
Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people. Further information on London Stock Exchange Group can be found at www.londonstockexchangegroup.com.