Punch Taverns, the leased and tenanted pub company, has rewarded its senior executives with a total of 1,473,951 ordinary shares at 10.25p per share as part of their annual bonuses. Chief executive Roger Whiteside received 671,219 shares, finance director Steve Dando had 429,268, property and development director Neil Griffiths was given 193,171 and Ed Bashforth, the company secretary, received 180,293. The awards form part of their annual bonuses for the financial year ending 20 August 2011. Punch reported its first growth (0.9%) in average net income per pub for three years in its results for the 52 weeks to 20 September. Underlying EBITDA at Punch, which demerged from Spirit in 1 August this year, dropped from £291m to £258m with underlying profit before tax falling 15% from £90m to £76m. Revenue declined by 7% to £522m with the estate reducing by around 10%.