Oct 23 (Reuters) - Link Administration Holdings Ltd LNK.AX :
* HELD A NUMBER OF DISCUSSIONS WITH REPRESENTATIVES OF CONSORTIUM
* CONSORTIUM SUPPLIED FURTHER WRITTEN DETAIL OF PROPOSED IMPLEMENTATION STRUCTURE TO ALLOW CO'S 'S SHAREHOLDERS TO TAKE DIRECT INTEREST IN PEXA
* UNANIMOUSLY THAT PROPOSAL MATERIALLY UNDERVALUES LINK GROUP ON A CONTROL BASIS AND IS NOT IN BEST INTERESTS OF SHAREHOLDERS
* HAS ALSO CONSULTED WITH A NUMBER OF ITS SHAREHOLDERS AND RECEIVED FEEDBACK IN RELATION TO PROPOSAL.
* CONSORTIUM DID NOT NOMINATE A VALUE FOR LINK GROUP'S GLOBAL BUSINESS EX-PEXA
* IS WILLING TO CONTINUE TO ENGAGE WITH CONSORTIUM
* LINK ADMINISTRATION EXPECTS TO BE IN A POSITION TO GIVE UPDATE TO INVESTORS ON STRUCTURAL ALTERNATIVES IN NOV