8th May 2006 07:02
Mitchells & Butlers PLC08 May 2006 8 May 2006 Mitchells & Butlers plc Mitchells & Butlers plc acknowledges the announcement by the R20 Consortium on 5May that it does not intend to make an offer for the Company. Mitchells & Butlers will continue to pursue its operational andfinancial strategy. The Board believes that the Company has excellentprospects for organic growth and is well placed to take advantage ofconsolidation opportunities. The priority remains to maximise value forshareholders. Mitchells & Butlers will report its interim results on 25 May. For further information please contact: Investor Relations: 0121 498 5092Kate Holligon [email protected] ------------------------- Media:James Murgatroyd (Finsbury Group) 0207 251 3801 Citigroup which is authorised and regulated in the United Kingdom by TheFinancial Services Authority, is acting as financial adviser to Mitchells &Butlers plc ("Mitchells & Butlers") and no one else in connection with theproposal made to Mitchells & Butlers and will not be responsible to anyone otherthan Mitchells & Butlers for providing the protections afforded to customers ofCitigroup nor for providing advice in relation to the proposal. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Mitchells & Butlers