Disposal
November 26 2007 - 3:17AM
UK Regulatory
RNS Number:4599I
Pubs 'n' Bars PLC
26 November 2007
Pubs 'n' Bars plc ("the Company")
Disposal
Pubs 'n' Bars plc announces the disposal of the following leasehold managed
public houses;
The Meyrick Arms, Clapham & the Brixton Hobgoblin, were disposed of at a profit
to book value of #22,058 & #34,159 respectively.
In line with the Company's stated strategy, we continue to dispose selectively
of poor performing sites but remain acquisitive.
Following the disposal, the Company has 96 pubs in total of which 44 are
freehold & 52 leasehold.
For further Information:
Pubs 'n' Bars plc Tel. 020 8228 4800
Mel Belligero, Chief Executive
Daniel Stewart & Company plc Tel: 020 7776 6550
(Nominated Adviser)
Stewart Dick
This information is provided by RNS
The company news service from the London Stock Exchange
END
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