18th May 2009 07:18
STATEMENT RE PRESS SPECULATION
The Board of Shaftesbury PLC notes the recent press speculation in relation to a possible capital raising.
The Board confirms that it regularly assesses opportunities to expand its existing estate and develop new clusters or villages in its core locations. Alongside this, the Board considers how best to finance such growth.
No decision on any course of action has been taken at this stage. A further announcement will be made if and when appropriate.
-ends-
Date: 18 May 2009
For further information, please contact:
Shaftesbury PLC 020 7333 8118
Jonathan Lane, Chief Executive
Brian Bickell, Finance Director
City Profile 020 7448 3244
Simon Courtenay
William Attwell
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