26th May 2009 12:30
26 May 2009
Shepherd Neame Limited
("Shepherd Neame" or "the Company")
Completion of Pub Acquisitions
Shepherd Neame is pleased to announce that on 26 May 2009 it completed its transaction for the acquisition of 13 freehold pubs and associated pub-specific assets from Punch Taverns PLC ("Punch Taverns") as announced on 8 May 2009.
The acquisition brings Shepherd Neame's total estate to 378 pubs, comprising 49 managed pubs and 329 tenanted and leased pubs.
-Ends-
For further information, please contact:
Jonathan Neame, Chief Executive
Shepherd Neame Limited Tel: 01795 532 206
James Mitford Tel: 0207 588 2828
JPMorgan Cazenove
Deborah Walter / Clotilde Gros
Kreab Gavin Anderson Tel: 020 7554 1400
Regional and Trade Media Contact:
Pip Clarkson / John Humphreys
Edwards Harvey Associates Tel: 01622 604 600
The Directors of Shepherd Neame Limited take responsibility for this announcement.
Related Shares:
Punch Taverns PLC