March 7, 2017 / 7:10 AM / 4 months ago

BRIEF-Shawbrook Group rejects revised proposal on possible offer for Shawbrook

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March 7 (Reuters) - Shawbrook Group PLC

* Update regarding possible offer for Shawbrook

* Lindsey Mcmurray has not been, and will not be, involved in board's consideration of any proposal made by consortium

* Board has concluded that it is not willing to recommend consortium's revised proposal

* Revised proposal has therefore been rejected by board

* Confirms it carefully reviewed proposed offer made by Pollen Street Capital Limited and BC Partners LLP Source text for Eikon: Further company coverage:

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