BRANDS HATCH LEISURE GROUP PLC
13 September 1999
BRANDS HATCH LEISURE PLC ('BHL')
ANNOUNCES
BRDC MEMBERS RESPONSES TO BHL PROPOSALS
Brands Hatch Leisure PLC ('BHL') is today writing to
members of the BRDC to advise them of members responses to
the proposals put forward by BHL in July. The responses,
which have and will continue to remain completely
confidential, are summarised in the report from
independent registrars IRG.
Commenting on the IRG summary, BHL Chief Executive Nicola
Foulston said 'It is clear from these responses that
there are a number of members who wish for their Board to
enter into discussions with BHL.'
'Contrary to weekend press speculation and in view of the
result we will not be approaching the BRDC Board
to enter into discussions. In signing the British GP
contract from 2002 we have already secured significant
additional revenue streams for the Group and we have bigger
fish to fry, particularly the pursuit of our first overseas
project which we expect to finalise by Christmas 1999.'
'Last weeks submission of a detailed planning application
with environmental assessment for specific works to be
carried out at Brands Hatch in respect of the 2002 Grand
Prix took place following four months of intensive work. We
remain totally focused on this application.'
Contact: Nicola Foulston, 0171 466 5010
Chief Executive
BHL PLC
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