We recently published a press release from Summerhill Stud, under the heading ‘End Of An Era’. This relates to a dispute between the Champion South African Breeding operation and Shadwell Stud, and which may result in the relocation of leading stallion, Kahal as well as Muhtafal and Malhub.
On 5 July the Directors of Shadwell issued a press release and the full text thereof, as provided to us, is published hereunder.
The Directors of Shadwell are united in refuting allegations contained in the recent Summerhill Stud publication and press release.
There are various disputes between the parties which will be either settled, arbitrated or litigated and in the fullness of time the rights of the parties will be determined, at which point we believe that we will be fully vindicated.
In the meantime neither Shadwell nor its principals wish to demean themselves by issuing public or partisan statements of the variety disseminated by or at the behest of Summerhill.
It is our intention to devote our energies to the benefit of the stallions, Kahal, Muhtafal and Malhub, and our continued involvement in and support of the South African, and in particular the KZN, thoroughbred breeding industry.