AAD 0.00% $1.49 ardent leisure group

May 24 (Reuters) - Ardent Leisure Group (AAD) In early 2017...

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    May 24 (Reuters) - Ardent Leisure Group (AAD)

    • In early 2017 ardent initiated a process to review its 2015 master plan for dreamworld precinct
    • Ardent board has not formed any view with respect to this request
    • Ardent has appointed a town planner to assess feasibility of rezoning parts of precinct
    • Ardent Leisure Ltd and Ardent Leisure Management announce in early may it was approached by representatives of Ariadne Australia (Ariadne) and Kayaal
    • approach for Kayaal Trust with a request to appoint two directors to Ardent boards, being Gary Weiss and Kevin Seymour
    • board believes it would be appropriate to consider appointing one or potentially two, us-based non-executive directors to Ardent board
    • will continue to invest in dreamworld to facilitate its recovery
 
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