Punch Taverns PLC (PUB.L)

PUB.L on London Stock Exchange

10.00GBp
2 Sep 2014
Price Change (% chg)

0.90p (+9.89%)
Prev Close
9.10p
Open
10.00p
Day's High
10.00p
Day's Low
10.00p
Volume
17,748
Avg. Vol
241,366
52-wk High
17.00p
52-wk Low
8.50p

PUB.L

Chart for PUB.L

About

Punch Taverns plc is a pub company. The Company is engaged in the operation of public houses under the leased model. This involves the granting of leases to tenants who operate the pub as their own business, paying rent to the Company, purchasing beer and other drinks from the Company and entering into profit-sharing arrangement... (more)

Overall

Beta: 0.99
Market Cap (Mil.): £60.59
Shares Outstanding (Mil.): 665.81
Dividend: --
Yield (%): --

Financials

Search Stocks

BRIEF-Punch Taverns recommends shareholders to vote for restructuring plan

* Launch of proposed restructuring of Punch A and Punch B securitisations

18 Aug 2014

Pub operator Punch Taverns delays debt restructuring

Aug 11 - Punch Taverns Plc said a restructuring of its debt, which was supposed to conclude by Monday, had been delayed as the British pub operator sought more time to conclude certain discussions with stakeholders.

11 Aug 2014

UPDATE 1-Punch Taverns bondholders' restructuring plan to cut debt by 26 pct

May 27 - British pub operator Punch Taverns Plc said on Tuesday that certain debtholders had proposed a restructuring that would likely reduce its 2.3 billion pound ($3.9 billion) debt pile by about 26 percent.

27 May 2014

Punch Taverns bondholders suggest new restructuring terms

May 27 - Debt-laden British pub company Punch Taverns Plc said on Tuesday that certain stakeholders had proposed a restructuring of its securitisations that would likely reduce the company's debt by about 26 percent.

27 May 2014

BRIEF-Punch Taverns stakeholders propose restructuring terms

* Restructuring of securitisations is required in order to avoid a default in both Punch A and Punch B securitisations, which would be likely to have a material negative impact for all stakeholders

27 May 2014

BRIEF-Punch Taverns to sell 4 pubs for 6.7 mln stg

* Reached agreement to sell 4 pubs to Morgana Limited for a total consideration of £6.7 million

19 May 2014

BRIEF-Punch Taverns says noteholders vote in favour of waiver requests

* At meetings held today, noteholders voted in favour of waiver requests.

13 May 2014

Punch Taverns says breaches debt covenant

April 15 - Troubled British pub company Punch Taverns Plc said it breached a debt covenant related to Punch A, one of its two securitisation vehicles, in the quarter ended March 1.

15 Apr 2014

Earnings vs. Estimates

Search Stocks