24th Aug 2007 10:27
Black Sea Property Fund Limited24 August 2007 For Immediate Release 24 August 2007 BLACK SEA PROPERTY FUND LIMITED (the "Fund") Strategic Review The Board of the Fund announces that, further to the Chairman's statement forthe financial year ended 31 December 2006, as the Fund approaches fullinvestment and its energies have become more focussed on the development andrealisation of its investments, the Board has been exploring strategic optionsin order to enhance shareholder value. The Board announces that it has appointedIntelli Corporate Finance Limited to act as its financial adviser in connectionwith this strategic review of the options available regarding the Fund's future.The Board will announce the outcome of the strategic review as soon aspracticable. Enquiries Sue Inglis/Chris Intelli Corporate Finance Limited T: 020 7653 6300Whittingslow (Financial adviser) Charles Farquhar/ Nick Numis Securities Ltd (NOMAD and T: 020 7260 1000Westlake Broker) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
BKSA.L