Placing by Guinness Peat Group PLC

RNS Number : 3861F

Young & Co's Brewery PLC

14 June 2012

 



14 June 2012

Young & Co.'s Brewery, P.L.C.

Secondary placing by Guinness Peat Group plc

Young & Co.'s Brewery, P.L.C. ("Young's" or the "Company") has been notified by Guinness Peat Group plc ("GPG") that its stake in the Company has been placed with a number of institutional and other investors. Given GPG's stated intention to realise its portfolio of investments, we view this successful placing as a very positive outcome; it recognises the strength of Young's as an investment proposition and should increase the overall liquidity of the shares. We welcome the news, and our new shareholders to Young's.

GPG's stake comprised 15.39% of the A ordinary shares and 34.16% of the non-voting ordinary shares.

For further information, please contact:

Young & Co.'s Brewery, P.L.C.	0208 875 7000
Stephen Goodyear, Chief Executive
Peter Whitehead, Finance Director
MHP Communications	0203 128 8100
John Olsen / James White

 

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