A group of shareholders in the Miller Group plans to sell its shares in the UK builder, media sources reported on Monday. The shareholders, who account for 60% of the company's share capital, have hired accountants Ernst & Young to carry out a strategic review of their holding.

A group of shareholders in the Miller Group plans to sell its shares in the UK builder, media sources reported on Monday. The shareholders, who account for 60% of the company's share capital, have hired accountants Ernst & Young to carry out a strategic review of their holding.

Miller's CEO Keith Miller, who holds a 17% stake, is not part of the selling group. In an interview with the Financial Times, Miller said that the issue could be resolved through the board buying back shares from those who wished to sell. He added that the potential sellers account for significantly less than 60% of the company's capital.

Miller employs around 2,000 people across the UK. Its turnover for the year ending in June 2007 was £567 mln.