8th Oct 2008 15:20
8 October 2008
Mitchells & Butlers plc
Significant shareholding
Joe Lewis has acquired though an investment vehicle, Piedmont Inc 87,973,937 ordinary shares in Mitchells & Butlers plc which took place on 7 October 2008. The resulting percentage of voting rights held is 21.77%.
A spokesman for Joe Lewis commented:
"We are delighted to have the opportunity to make a significant investment in Mitchells & Butlers plc."
For further information, please contact:
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Investor Relations: Erik Castenskiold |
0121 498 4907 |
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Media: Kathryn Holland James Murgatroyd (Finsbury Group) |
0121 498 4526 0207 251 3801 |
Notes for editors:
- Mitchells & Butlers owns and operates around 2,000 high quality pubs in prime locations nationwide. The Group's predominantly freehold, managed estate is biased towards large pubs in residential locations. With around 3% of the pubs in the UK, Mitchells & Butlers has 10% of industry sales and average weekly sales per pub over three times greater than that of the average UK pub.
- Mitchells & Butlers' leading portfolio of brands and formats includes Ember Inns, Harvester, Sizzling Pub Co., Toby Carvery, Vintage Inns, All Bar One, O'Neill's, Nicholson's and Browns. In addition, Mitchells & Butlers operates a large number of individual city centre and residential pubs.
Related Shares:
Mitchells & Butlers