23 December 2021
Mitchells & Butlers plc
LEI no. 213800JHYNDNB1NS2W10
Annual Report 2021
In compliance with Listing Rule 9.6.1R, Mitchells & Butlers plc has today submitted copies of the following documents to the National Storage Mechanism:
|1.||Company Annual Report and Accounts 2021 (the Annual Report)|
|2.||Notice of the 2022 Annual General Meeting|
The Company's Annual General Meeting will be held at Mitchells & Butlers plc, Retail Support Centre, 27 Fleet Street, Birmingham, B3 1JP on Tuesday 25 January 2022 at 9.00am. The Notice of the 2022 Annual General Meeting and the Annual Report are expected to be despatched to shareholders on 23 December 2021.
Risks and Uncertainties
This section highlights the top 13 principal risks and uncertainties that affect the Company as set out in the Annual Report, together with the key mitigating activities in place to manage those risks. This does not represent a comprehensive list of all of the risks that the Company faces, but focuses on those that are currently considered to be most relevant. These risks and uncertainties reflect the position as set out at the time of finalisation of the Annual Report on 24 November 2021. Circumstances, particularly in relation to the impact of Covid-19 on the business of the Company, may differ as at the date of this announcement.
The processes that are used to identify and manage risks are described in the internal control and risk management statement on pages 73 and 74 of the Annual Report.
|Risk category and description||Controls/mitigating activities|
Directors' responsibilities statement
The Annual Report contains the following statement regarding responsibility for the financial statements in compliance with DTR 4.1.12R. This statement relates solely to the Annual Report and financial statements and is not connected to the extracted information set out in the Full Year Results announcement:
The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Directors are responsible for the maintenance and integrity of the corporate and financial information included on the Company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
We confirm that to the best of our knowledge:
• the financial statements, prepared in accordance with the relevant financial reporting framework, give a true and fair view of the assets, liabilities, financial position and profit or loss of the Company and the undertakings included in the consolidation taken as a whole;
• the Strategic Report includes a fair review of the development and performance of the business and the position of the Company and the undertakings included in the consolidation taken as a whole, together with a description of the principal risks and uncertainties that they face; and
• the Annual Report and financial statements, taken as a whole, are fair, balanced and understandable and provide the information necessary for shareholders to assess the Company's position and performance, business model and strategy.
For further information, please contact:
Amy de Marsac
0121 498 6514
James Murgatroyd (Finsbury)
020 7251 3801