Lodge assets for pub restaura

RNS Number : 8350D

Mitchells & Butlers PLC

19 September 2008

 



19 September 2008

Mitchells & Butlers plc

Completion of acquisition of Whitbread pub restaurant sites 

in exchange for lodges

Mitchells & Butlers is pleased to confirm that the acquisition of 44 pub restaurants sites from Whitbread plc in exchange for 21 Express by Holiday Inn lodges, announced on 31 July 2008, has been successfully completed.  

For further information please contact:

Investor Relations
Erik Castenskiold	0121 498 6513
Media
James Murgatroyd (Finsbury Group)	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.

 

END

 

 

ACQKGGMLRLGGRZG