Re: Offer Update

Date : 02/01/2008 @ 2:43AM
Source : UK Regulatory (RNS and others)
Stock : Burren Energy Plc (BUR)
Quote : 1226.0  0.0 (0.00%) @ 1:00AM
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Re: Offer Update

RNS Number:0618N
Burren Energy PLC
01 February 2008


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM CANADA OR ANY
OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT
LAWS OR REGULATIONS OF SUCH JURISDICTION


1 February 2008


                               Burren Energy plc

         DELISTING OF SHARES IN BURREN ENERGY PLC AND CHANGE OF BURREN
                             DIRECTORS AND OFFICERS


Burren Energy plc ("Burren") notes the announcement by Eni UK Holding plc, a
wholly owned subsidiary of Eni SpA, that the Offer (the "Offer") to acquire the
issued and to be issued ordinary share capital of Burren, has now become
effective in accordance with its terms.


In accordance with the delisting process outlined in the offer document sent to
Burren's shareholders on 11 December 2007 (the "Offer Document"), Burren has
applied to the UK Listing Authority and to the London Stock Exchange to cancel
the listing of Burren's shares on the Official List and to cancel the trading of
Burren's shares on the Main Market of the London Stock Exchange. It is expected
that this will occur on 29 February 2008, 20 business days following the date of
this announcement.


Furthermore, in accordance with the Offer Document, all the Directors and the
Secretary of Burren have resigned as Directors and the Secretary respectively.
Andrea Forzoni, Luigi Piro, Marco Bollini, Luigi Lusuriello and Marco Talamonti
have been appointed as Directors with immediate effect and Nicholas Keenan has
been appointed as the Secretary with immediate effect.  No information is
required to be disclosed under rule 9.6.13 of the Listing Rules.


Enquiries:


Burren:                   +44 (0) 20 7484 1900

Atul Gupta

Andrew Rose



UBS:                      +44 (0) 20 7567 8000

Adrian Haxby

Neil Patel



Pelham:                   +44 20 7743 6673

James Henderson

Alisdair Haythornthwaite


UBS is acting for Burren in connection with the Offer and no one else and will
not be responsible to anyone other than Burren for providing the protections
afforded to clients of UBS nor for providing advice in relation to the Offer or
any matter referred to herein.


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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