Punch Taverns shareholders in AGM revolt
17-Dec-2009 By Hamish Champ
Punch Taverns shareholders signalled their displeasure with the company yesterday by voting against the company's remuneration report. The...
M&B names Simon Laffin as its new chairman
01-Dec-2009 By Hamish Champ
Mitchells & Butlers appeared to have won a battle with major shareholder Joe Lewis and appointed a new chairman of the group. After yesterday's...
23-Oct-2009 By Ewan Turney
The country's two biggest tenanted and leased operators saw share prices rise yesterday after the OFT delivered its report on the beer tie.
Punch Taverns executives awarded millions of shares
19-Oct-2009 By Hamish Champ
Members of Punch Taverns' senior management team have been awarded millions of shares in the company to incentivise their performance in the coming...
Enterprise Inns should do a rights issue, says City broker
21-Sep-2009 By Hamish Champ
Enterprise Inns declined to comment today on suggestions in the City that it should raise funds via a rights issue. Stockbroker Seymour Pierce said...
25-Aug-2009 By Ewan Turney
Adnams has claimed the majority of its shareholders are happy with its current share structure, despite claims by influential shareholder Guinness...
17-Aug-2009 By M&C Report
Altium Securities has recommend Punch Taverns as a high-risk investment and said recent disposals had given it a lifeline.
06-Aug-2009 By The PMA Team
Punch Taverns could sell as many as 3,000 pubs by the end of 2012, a top City analyst has forecast. Douglas Jack, of Numis Securities, says that he...
M&B appoints key shareholder's lieutenant to board
16-Jul-2009 By Hamish Champ
Mitchells & Butlers (M&B) has appointed Richard McGuire, a representative of one of the managed pub group's leading shareholders Joe Lewis to...
13-Jul-2009 By The PMA Team
Punch Taverns is enjoying improved managed division margins and should be able to reduce its overall debt by at least £1.3bn in the coming two...
Sceptre Leisure raises £5.5m via share placing
17-Jun-2009 By Hamish Champ
AIM-listed Sceptre Leisure, one the UK's leading suppliers of gaming machines to pubs, has raised £5.5m before costs by placing nearly 17 million...
Punch Taverns invites bond holders to sell up
16-Jun-2009 By Hamish Champ
Punch Taverns has invited holders of its 2010 convertible bonds to sell their holdings back to the company for 97 per cent of their par value, plus...
15-Jun-2009 By Ewan Turney
Punch Taverns has announced its intention to raise £350m via a firm placing and an open offer of new ordinary shares and use the cash to make a...
28-May-2009 By The PMA Team
The analysts Geof Collyer Deutsche Bank, Jamie Rollo Morgan Stanley, Mark Brumby Blue Oar Securities, Douglas Jack, Numis Securities Paul Hickman,...
Adnams rejects shareholder's criticism
28-Apr-2009 By Hamish Champ
Adnams, the Suffolk brewer and pub operator, mounted a defence of its business tactics yesterday after coming under fierce criticism from a City...
24-Apr-2009 By Martyn Leek, M&C Report
Regent Inns has reportedly asked shareholders about the possibility of delisting the company.
'Supermarkets acting like 'crack dealers''
24-Apr-2009
Up to 40,000 drinkers are dying every year and supermarkets are acting like 'crack dealers' by lowering alcohol prices, experts have warned. They say...
Greene King to raise £207m via rights issue
23-Apr-2009 By Hamish Champ
Suffolk brewer Greene King has announced plans to raise more than £200m through issuing new shares to investors.The group said it was issuing nearly...
Mind the perception gap
31-Jan-2009 By Hamish Champ
To say the recent slump in the share price of the country's leading listed pub operators has attracted a certain amount of attention would be a case...
Pubco shares rocket despite gloomy trading update
22-Jan-2009 By Hamish Champ
Shares in Enterprise Inns rocketed this morning, despite the pubco announcing pub income had slumped eight per cent in the 16 weeks to January 17,...
15-Jan-2009 By Ewan Turney
Punch's day of woe finished with share prices reaching an all time low of 39.75p — a drop of over 30% — one analyst warned they may hit 10p.
'Punch Taverns to report tough Christmas trading figures'
11-Jan-2009
"Embattled pub company Punch Taverns is expected to report tough trading over the festive season, with like-for-like sales likely to be down about 5...
Punch Taverns slides - and recovers - after negative City comment
11-Dec-2008 By Hamish Champ
Shares in Punch Taverns recovered today after a piece of negative City research sent the company's stock tumbling by more than 20 per cent.The...
Tim Clarke: 'I'm sorry for £300m hedging losses'
26-Nov-2008 By Hamish Champ
Mitchells & Butlers (M&B) chief executive Tim Clarke said he "very much regretted" the group's near-£300m hedging losses which resulted from...
Call for Enterprise Inns to cut dividend
19-Nov-2008 By Hamish Champ
A leading City analyst has called on Enterprise Inns to cut its dividend to help it pay down some of its £5bn debt.James Ainley, of brokers JP...
06-Nov-2008 By Mark Stretton, M&C Report
Premium Bars & Restaurants (PBR) has called in a leading professional services firm to review its debt structure.
Industry meltdown?
05-Oct-2008 By Hamish Champ
Lemmings. That's how one City analyst described the investment community last week as shares in pubcos - and most other listed companies - dived...
01-Oct-2008 By The PMA Team
A move by Punch Taverns to repay a tranch of debt to some of its bondholders "may have been misunderstood" by the stock market.
Punch Taverns' shares slide as pubco denies letting issue
29-Sep-2008 By Hamish Champ
Shares in Punch Taverns continued to slide today after weekend press reports suggested a fifth of the pubco's outlets were awaiting tenants.After...
19-Sep-2008 By Mark Stretton, M&C Report
Regent Inns, the troubled bar and restaurant operator, has placed six Old Orleans sites on the market, M&C Report has learnt. The company, which...
Mark Kenyon: Does a pubco's share price matter?
19-Sep-2008
For those of us with young children, a visit to a theme park is a familiar draw over the long summer holidays. On the menu are fast food, fizzy...
Back to Basics: Take control
10-Sep-2008
Let me throw a phrase at you: stock control. Are you falling asleep yet? It doesn't exactly fill the heart with excitement. But right now, when the...
Dear Prudence?
08-Sep-2008 By Hamish Champ
When Greene King published its trading update on Tuesday of last week its shares immediately shot up, to the bewilderment of even some of the City's...
Pub stocks tumble after Punch's dividend cut
03-Sep-2008 By Hamish Champ
Shares in listed pub companies lost all of the gains they made yesterday - and then some - after Punch Taverns announced it was freezing its final...
Hamish Champ: When will shares in pubcos finally turn?
01-Sep-2008 By Hamish Champ
I was having a chat with a friend the other day about when we thought share prices for the listed pubcos would turn for the better. We weren't...
Luminar denies making informal bid for Regent Inns
21-Jul-2008 By Hamish Champ
Luminar, the nightclub operator, has denied press speculation it has tabled an informal offer for troubled Regent Inns, which runs the Walkabout...
17-Jul-2008 By Mark Stretton, M&C Report
Food & Drink Group, the Aim-listed bar group, is to be sold via a so-called "pre-packaged" administration, M&C Report understands.
Punch's shares take roller-coaster ride
17-Jul-2008
It's very hard to fathom why Punch's shares have hit such ridiculous highs and lows in the same year, says The PMA Team Share values are hard to get...
Bulls, bears and pubcos
12-Jul-2008 By Hamish Champ
I was asked recently why the words 'bull' and 'bear' were used to describe a stock market's performance. Now of course I could well be wrong, but...
08-Jul-2008 By Ewan Turney
Anheuser-Busch (A-B) has hit back at attempts by InBev to remove its board of directors to allow shareholders to consider its unsolicited $46bn bid.
InBev seeks to remove entire Anheuser-Busch board
07-Jul-2008 By Hamish Champ
InBev is seeking to have each and every member of the Anheuser-Busch (A-B) board removed as part of its US$46bn (£23bn) takeover battle with the US...
Inspired Gaming Group confirms sale of pub games business
07-Jul-2008 By Hamish Champ
Inspired Gaming Group (IGG) has today confirmed the sale of its pub gaming business to a subsidiary of Danoptra, the group which owns Gamestec, a...
07-Jul-2008 By Ewan Turney
InBev has filed a preliminary consent solicitation statement to remove each member of the Anheuser-Busch board.
01-Jul-2008 By Ewan Turney
InBev has reiterated it is committed to its bid to buy US brewer Anheuser-Busch (A-B).
Pubco shares hit as gloom continues
01-Jul-2008 By Hamish Champ
The sun may have been shining today but investors caught a chill as shares across a range of sectors dived once again.The stock market took the news...
12-Jun-2008 By Ewan Turney
Inbev has made an unsolicited $46bn bid for US brewer Anheuser-Busch
McManus Pub Co sails off with Estuary Pub Company
06-Jun-2008
McManus Pub Company, the Northampton-based operator has acquired full control of the six-site Estuary Pub Company after buying the outstanding 50 per...
33 The analysts
29-May-2008
Geof Collyer (Deutsche Bank), Douglas Jack (Panmure Gordon), Mark Brumby (Blue Oar Securities, (32) Why they are on the list: The analysts provide...
Shareholder value, anyone?
20-Apr-2008 By Hamish Champ
I've noticed a strange 'shishing' noise recently. It's probably my knees, but I wondered if it was critics of the pub operator model à la Enterprise...
M&B launches bid for Spirit Group
14-Apr-2008 By Hamish Champ
Mitchells & Butlers (M&B) has launched an audacious bid for Spirit Group, the managed pub estate owned by Punch Taverns.M&B proposes that...
