Mitchells & Butlers PLC
08 May 2006
8 May 2006
Mitchells & Butlers plc
Mitchells & Butlers plc acknowledges the announcement by the R20 Consortium on 5
May that it does not intend to make an offer for the Company.
Mitchells & Butlers will continue to pursue its operational and
financial strategy. The Board believes that the Company has excellent
prospects for organic growth and is well placed to take advantage of
consolidation opportunities. The priority remains to maximise value for
Mitchells & Butlers will report its interim results on 25 May.
For further information please contact:
Investor Relations: 0121 498 5092
Kate Holligon firstname.lastname@example.org
James Murgatroyd (Finsbury Group) 0207 251 3801
Citigroup which is authorised and regulated in the United Kingdom by The
Financial Services Authority, is acting as financial adviser to Mitchells &
Butlers plc ("Mitchells & Butlers") and no one else in connection with the
proposal made to Mitchells & Butlers and will not be responsible to anyone other
than Mitchells & Butlers for providing the protections afforded to customers of
Citigroup nor for providing advice in relation to the proposal.
This information is provided by RNS
The company news service from the London Stock Exchange