May 11 (Reuters) - Ardent Leisure Group (AAD) :
- D'albora marinas sale process (AAD)
- Notes speculative media commentary concerning sale of d'albora marinas
portfolio and would like to provide clarification to market and investors
- Formal and transparent sales process for the d'albora marinas portfolio has
now commenced"
- Capital improvements & extended lease tenure increased value of d'albora
marinas portfolio; historical book valuations no longer relevant
- Sale process of d'albora marinas would not be undertaken till certain capital
improvements had been carried out, lease tenure maximized
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