Mitchells & Butlers plc
Joe Lewis hasacquiredthoughan investment vehicle, PiedmontInc87,973,937ordinary shares in Mitchells & Butlers plcwhich took placeon 7 October 2008. Theresultingpercentage of voting rights held is21.77%.
A spokesman for Joe Lewiscommented:
"We are delighted to have the opportunity to make asignificant investment in Mitchells & Butlersplc."
For further information, please contact:
0121 498 4907
James Murgatroyd(Finsbury Group)
0121 498 4526
0207 251 3801
Notes for editors:
- Mitchells &Butlersowns and operates around 2,000 high quality pubs in prime locations nationwide. The Group's predominantly freehold, managed estate is biased towards large pubs in residential locations. With around 3% of the pubs in theUK, Mitchells & Butlers has 10% of industry sales and average weekly sales per pub over three times greater than that of the averageUKpub.
- Mitchells & Butlers' leading portfolio of brands and formats includes Ember Inns, Harvester, Sizzling Pub Co., Toby Carvery, Vintage Inns, All Bar One, O'Neill's, Nicholson's and Browns. In addition, Mitchells & Butlers operates a large number of individual city centre and residential pubs.