PNB Pubs'n'bars

 

TIDMPNB 
 
RNS Number : 7153V 
Pubs 'n' Bars PLC 
15 July 2009 
 
 
 
Pubs 'n' Bars plc 
 
 
(AIM: PNB) 
 
 
("Pubs 'n' Bars" or "the Group") 
 
 
Trading Update 
 
 
The Directors of Pubs 'n' Bars, the community public house owner and operator 
announce that it has terminated the leasehold agreement in connection with the 
Ivy House, 8-10 Southampton Row, London, WC1B 4AE. 
 
 
The landlord had served notice to terminate the lease due to the planned 
development of Crossrail. Nil compensation was paid. The Group had written its 
value down to GBPnil at the 2008 year end valuations. 
 
 
As a result of this transaction, the Group now operates 105 pubs 
 
 
=-END-- 
Enquiries: 
 
 
Mel Belligero, Chief Executive 
Pubs 'n' Bars plc                              `     Tel: 020 8228 4800 
Stewart Dick/Simon Starr 
Daniel Stewart & Company plc                Tel: 020 7776 6550 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 TSTILFVLDIIELIA 
 

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