Information  X 
Enter a valid email address

Benchmark Group PLC (BMK)

  Print   

Friday 05 December, 2003

Benchmark Group PLC

Further re Press Speculation

Benchmark Group PLC
05 December 2003


FOR IMMEDIATE RELEASE
                                                                 5 December 2003


                              Benchmark Group PLC

The Board of Benchmark Group PLC ('Benchmark' or the 'Company'), the specialist
Central London property investment and development company, has noted recent
press speculation regarding the Company.

In the Chairman's statement accompanying Benchmark's Report and Accounts for the
year ended 30 June 2003, it was stated that for some time the Directors had been
concerned at the size of the discount to net asset value reflected in the price
at which the Company's shares had traded and that accordingly the Board, in the
interests of all shareholders, had decided to review all options available to
Benchmark to address the issue of the discount. This review is continuing.

Since the announcement of this review, Benchmark has received a number of
unsolicited approaches of a very preliminary and tentative nature from various
parties indicating that they might be interested in considering a possible offer
for Benchmark. However, to date no firm proposal has been put forward by any of
these parties.



Enquiries:

Benchmark Group PLC
Nigel Kempner, Chief Executive
020 7659 0500

Tavistock Communications Limited
Jeremy Carey
020 7920 3150


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

a d v e r t i s e m e n t