Stock market - Hospitality

Has BrewDog ‘quietly joined the Establishment’? asks The Sunday Times

06-Nov-2017 By James Beeson

BrewDog co-founder James Watt has come under fire for failing to treat the company’s shareholders equally in a new interview published by The Sunday Times.

BrewDog’s £213m private equity deal is ‘opposite of a sell-out’ says co-founder

10-Apr-2017 By Nikkie Sutton

BrewDog has defended its decision to sell 22% of the company to private equity firm TSG Consumer Partners claiming the deal is not a sell-out.

BrewDog admits talks to sell almost a third of business

16-Mar-2017 By James Wallin, MCA

Scottish brewer and pub operator BrewDog has admitted it is considering the timescale for a potential initial public offering (IPO) and has been in discussion with investors about selling almost a third of the company.

Crowdfunding success for Cotswolds Distillery

11-Dec-2015 By Ben Winstanley

The Cotswolds Distillery, based in Stourton, has reached its £500.5k target through a crowdfunding push on Crowdbnk in only seven days.

ACVs

Former Enterprise site succeeds as community-run pub

13-May-2015 By Emily Sutherland

The Antwerp Arms has become north London’s first community-run pub after it opened its doors last month.

Video: Brewdog's 'fat cat' stunt

12-May-2015 By James Evison

Brewdog celebrate meeting £5m through its 'equity for punks' crowdfunding scheme with taxidermy stunt over City of London.

Pub food

BrewDog starts doing breakfast

17-Apr-2015 By M&C Report

BrewDog is making its first foray into the breakfast market at its Leicester site, which opened yesterday.

Hospitality operators among "1000 Companies to Inspire Britain" in 2015

12-Mar-2015 By Daniel Woolfson

Several hospitality operators have been named in the London Stock Exchange's list of 1000 Companies to Inspire Britain, celebrating some of the UK’s fastest-growing small and medium sized businesses.

Greene King like-for-like sales up buoyed by record Christmas Day trading

19-Jan-2015 By Mark Wingett, M&C Report

Greene King has announced like-for-like sales up 0.6% across its managed pubs for the 36 weeks to 11 January, with sales up 2% for the festive period amid record breaking Christmas Day trading.

Punch Taverns receives final approval for restructuring

07-Oct-2014 By John Harrington, M&C Report

Punch Taverns has completed the final hurdle for its restructure, with the Royal Bank of Scotland (RBS) approving the move today.

British Country Inns expects shareholder sell-off

11-Sep-2014 By James Wallin

British Country Inns (BCI) expects that “a large number” of its shareholders will look to sell up when its shares are placed on the on-line trading platform Asset Match, with a minority selling at a discount, chairman Martin Sherwood has said.

Punch launches proposed debt restructure

18-Aug-2014 By John Harrington, M&C Report

Punch Taverns has announced the launch of its restructure, which had been delayed from last Monday, saying that its new structure is set to be in place from 8 October subject to approval from creditors.

Punch agrees to sell Red Lion in Sidbury to community

28-Mar-2014 By Noli Dinkovski

Campaigners hoping to save a Devonshire village pub have been handed a lifeline after Punch Taverns agreed to sell the property to a community enterprise group.

BrewDog raises £3m in share issue

04-Sep-2013 By John Harrington

BrewDog, the Scottish brewer and pub operator, has raised £3m of its fundraising £4m target under its latest crowdfunding scheme in about 10 weeks.

Fleurets predicts major pub deals in 2013

30-Nov-2012 By John Harrington

Major deals in the pub market are likely to surface in 2013 after a slowdown in the past year, according to Fleurets in its annual review of the pub sector.

Pub company CEO defends business model: Part 3

04-Jul-2012 By Robert Sayles

Last week the city was rocked by news that recently retired pubco CEO and long time friend Roland Rodent had emerged from retirement to oust his successor William Weasel following a shareholder revolt.

US fund fined £7.2m over Punch trading

26-Jan-2012

Greenlight Capital, the US hedge fund, and its owner David Einhorn have been fined a total of £7.2m, for trading Punch Tavern shares on the basis of inside information by the Financial Services Authority (FSA).

Piedmont withdraws interest in M&B

13-Oct-2011

Piedmont, the investment vehicle of Bahamas billionaire Joe Lewis, has withdrawn its interest in Mitchells & Butlers (M&B), the managed pub operator.

M&B: The case for Joe Lewis

04-Oct-2011 By The PMA Team

Everybody has a view on Bahaman billionaire Joe Lewis and his tenure on the share register of M&B. Last Thursday, at an Association of Licensed Multiple Retailers debate in Cambridge, former Novus chairman John Barnes was to be found among those not...

Greene King: managed pub sales continue growth

06-Sep-2011 By Ewan Turney

Greene King has announced a like-for-like uplift in sales of 2.6% for the 18 weeks to 4 September on last year in its managed house division driven by a strong performance over the last 10 weeks.

Spirit shares start trading after Punch demerger

01-Aug-2011 By Mark Wingett, M&C Report

Trading in shares of Spirit Pub Company started at 8am today, after the completion of its demerger from Punch Taverns. Spirit's ordinary shares...

Analyst backs Marston's growth

15-Jul-2011 By John Harrington, M&C Report

A leading sector analyst has said Marston's management was right to shift in 2009 from a dividend play to growth story.

Capital Pub Co rejects Fuller's bid

17-Jun-2011 By Ewan Turney

London brewer and pub operator Fuller's has had a £53.9m bid for the 34-strong Capital Pub Company rejected. Fuller's has had two bids rejected and urged Capital to engage in discussions.

Pubco CEO defends business model: Part 2

13-May-2011 By Robert Sayles

Robert Sayles gets the latest on the progress made by pubcos from a retiring chief executive.

Pub sector on upward course

26-Apr-2011 By Mark Wingett, M&C Report

The view that the UK pub market is over-indebted and under-performing is at least two years out of date, says a new report.

Brulines shares slump after profit warning

04-Mar-2011 By Hamish Champ

Brulines shares dived 15 per cent this morning after it warned its full year profits were likely to be 20 per cent lower than previously predicted....

Giles Thorley to steer clear of pubs at TDR Capital

05-Jan-2011 By Hamish Champ

Former Punch Taverns boss Giles Thorley said today his new role at TDR Capital, the private equity firm that bought more than 300 pubs from Mitchells...

Top end trading slows in November

13-Dec-2010

Pub industry experts are warning that following a sluggish November, the trading picture for December is likely to be badly affected by the current...

Sea change in the pub marketplace

22-Oct-2010 By The PMA Team

The independent sector is set to gain from the large companies shedding pubs, says The PMA Team.

Lap-dancing club merger

02-Jul-2010 By The PMA Team

Three lap-dancing club tycoons are planning a £100m merger, it has emerged — the deal would create one of the largest chains.

Capital Pub Co to tap shareholders for acquisition cash

16-Jun-2010 By Hamish Champ

Capital Pub Company hopes to boost its chances of snapping up more pubs in the near future by raising millions of pounds via a rights issue. The...

New Whitbread boss comes under attack

21-May-2010 By The PMA Team

Andy Harrison, the soon-to-be chief executive at Whitbread, has been heavily critcised by Sir Stelios HajiIoannou, the founder of easyJet, the...

M&B says sorry to sacked non-executives

14-May-2010 By The PMA Team

Mitchells & Butlers (M&B), the managed pub operator, has expressed regret for the sacking last December of four non-executive directors it...

Recession takes toll on nightclub trade

30-Apr-2010 By Mark Stretton, M&C Report

The nightclub sector is struggling even more than the pub sector. Mark Stretton take a look at what's going on. Analysts tend to make company profit...

Thorley's departure the 'elephant in the room' at Punch's City meeting

23-Apr-2010 By Hamish Champ

Giles Thorley's imminent departure from Punch Taverns was the "elephant in the room" at the group's results presentation to analysts earlier this...

Analyst: Wetherspoon to double pub estate

15-Apr-2010 By The PMA Team

JD Wetherspoon is on course to double the size of its pub estate and treble profits, according to City analyst Paul Hichman. The analyst, who works...

Food sales helps Marston's show growth

07-Apr-2010

Marston's delivered growth across its key trading divisions in the first half of the year and confirmed it is on track to complete 15 new build...

Fair Pint pub plans community buy-out

09-Mar-2010 By Ewan Turney

A Fair Pint founding member is hoping to buy the freehold of his pub via a community buy-out. Mark Dodds leases the Sun & Doves in Camberwell,...

London Town shares slide further on administration rumours

15-Feb-2010 By Hamish Champ

Shares in London Town, the Norfolk-headquartered pub company, fell by a third this morning to 0.5p after weekend press reports suggested the group...

Small shareholders air grievances at M&B

28-Jan-2010 By Gemma McKenna

Smaller shareholders in Mitchells & Butlers have aired their grievances at the company annual general meeting this morning.

City watchdog rejects M&B takeover claims

15-Jan-2010 By Hamish Champ

City watchdogs have rejected claims by managed pub operator Mitchells & Butlers (M&B) that certain shareholders were acting together - or "in...

Luminar issues profit warning

14-Jan-2010 By Hamish Champ

Shares in Luminar Group were trading more than 11 per cent down today at 42.25p after the nightclub operator issued a profits warning and admitted...

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...

Pubco eyes turn to Mandelson

30-Oct-2009 By Matt Eley Matt

All eyes are on Peter Mandelson to see if he can help sustain an initial bounce in pubco share prices following the Office of Fair Trading (OFT)...

Pubco shares rise after OFT report

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.

BrewDog looking to raise £2.3m from share sale

20-Oct-2009 By Hamish Champ

BrewDog, the maverick brewery responsible for producing the UK's strongest beer, is to invite the public to invest in the company via the internet....