Investment in Debenhams
06 Février 2008 - 5:14PM
UK Regulatory
RNS Number:4545N
Milestone Resources Group
06 February 2008
INVESTMENT IN DEBENHAMS PLC
Milestone Resources Group ('Milestone'), an investment company owned by
Mukesh Jagliani, the Chairman of Landmark Group ('Landmark'), notes that in
recent press comments attributed to Landmark it has been reported that neither
Landmark nor Milestone has any strategic intent regarding Debenhams plc
('Debenhams').
Milestone wishes to emphasize that it took an opportunity to acquire a
significant holding in Debenhams at an attractive price but has made no firm
decision relating to its longer term strategy. Consequently, no particular
course of action has been determined, equally nothing has been ruled out.
- ends -
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