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All Punch Pubs Co articles – Page 10
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NewsPunch shareholders agree to restructure
Punch Taverns’ restructure process has passed another hurdle today, with shareholders agreeing to the proposals at a general meeting
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NewsPunch restructure edges closer
Punch Taverns’ restructure has edged closer after more creditors gave their backing to its proposals
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InterviewsMartin 'incensed' not to be interviewed for Punch CEO role
In a satirical swipe at the country’s second biggest tenanted pub operator, JD Wetherspoon chairman Tim Martin has revealed that he is “incensed” not to have been interviewed for the job of Punch Taverns chief executive
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NewsBillingham 'to relinquish exec chairman role'
Stephen Billingham is to relinquish his role as executive chairman of Punch Taverns once the company completes the restructure of its debts, according to The Times
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Punch pubs embrace apprenticeships
A total of 180 Punch Taverns pubs have got involved in the company’s apprenticeship programme, with 42 licensees having taken on new apprentices, the group has said
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Punch restructure 'will grow equity value by 17%'
The proposed reduction in Punch Taverns’ debt under its restructure proposals would grow the equity value of the company by 17%, or 1.7p per share, a leading analyst has said
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NewsPunch launches proposed debt restructure
Punch Taverns has announced the launch of its restructure, which had been delayed from last Monday, saying that its new structure is set to be in place from 8 October subject to approval from creditors
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NewsPunch restructuring delayed
Punch Taverns has announced that the launch of its £2.3bn restructuring has been delayed, as some “additional time is required to conclude discussions between certain stakeholders”
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Thorley backs new Cheltenham venture
Giles Thorley, the former chief executive of Punch Taverns, is one of the backers of a new restaurant and bar concept, which opened earlier this year in Cheltenham
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Punch workshops attract more than 1,000 pubs
Almost 1,500 Punch Taverns licensees and their staff have taken part in the relaunched workshops focused on giving them key business skills for operating in the pub sector
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Everards collaborates with Punch on beer
Everards Brewery and Punch Taverns have collaborated for the fourth time to give eight Punch licensees the opportunity to brew and brand their own beer
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NewsPunch invests £1.2m in Notts pubs
Punch Taverns has invested £1.2m into pubs across the Nottingham area over the past year, the company has said
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NewsPunch noteholders vote to waive covenants
Punch Taverns noteholders have voted overwhelmingly in favour of requests by the pub company to waive its covenants that would otherwise put the firm in default, as part of the restructure of its £2.3bn debt
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Punch backs VAT Tax Equality Day
Punch Taverns has pledged its support for the nationwide VAT Tax Equality Day on 24 September
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NewsPunch stakeholders make key restructure commitment
Stakeholders of Punch Taverns have made a key commitment to ensure that the proposed restructure of the pub company’s debt is not hampered if they chose to trade their bonds
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NewsM&C20 begins recovery from slump
The M&C20 Leisure Index recouped some of the losses it suffered last week as it finished up five points to 1,183, while the All Share Index fell 11 points to 1,048, once again widening the gap between the indices largely thanks to gains made by Greene King and Mitchells & Butlers
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Analyst corner
Douglas Jack at Numis examines yesterday’s announcement on Punch Taverns’ debt restructure and the pub company’s trading update
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NewsPunch Taverns restructure proposals agreed by stakeholders
Punch Taverns has announced that its latest restructure proposals have been agreed by “a broad range of stakeholders” including the influential ABI Special Committee
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Punch adds fourth Champs sports bar
A fourth Punch pub is being transformed to its Champs sports bar concept
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Eighty pubs on Punch Foundation Tenancy agreement
Punch Taverns says it has more than 80 of its Punch Foundation Tenancy (PFT) agreements in place two years after launching them