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Buxton on Bumi: the deal is not acceptable
Markets
by Emma Dunkley on Oct 18, 2012 at 14:44
The company said in a London Stock Exchange announcement: 'Bumi announces that Nathaniel Rothschild, a non-executive director of the company, has today resigned from the board of the company with immediate effect.'
Hambro previously held 10 million shares in the company worth £24.6 million at a share price of 246p, accounting for around a 5% stake in the firm.
Buxton has delivered 26.4% over three years to the 17 October, versus the benchmark’s 25.8%.
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