Key Developments: Marston's PLC (MARS.L)

MARS.L on London Stock Exchange

158.90GBp
20 Apr 2015
Change (% chg)

0.30p (+0.19%)
Prev Close
158.60p
Open
159.00p
Day's High
160.50p
Day's Low
158.60p
Volume
606,294
Avg. Vol
1,136,782
52-wk High
163.12p
52-wk Low
134.50p

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Latest Key Developments (Source: Significant Developments)

Marston's PLC announces acquisition
Tuesday, 31 Mar 2015 05:00am EDT 

Marston's PLC:Announces agreement with Daniel Thwaites plc (Thwaites) to acquire trading operations of Thwaites' beer division.Says acquisition includes two brands Wainwright and Lancaster Bomber ales.Total cash consideration is 25.1 mln Pound excluding working capital.As part of this acquisition, it enters into long-term exclusive agreement to supply all beer, wine, spirits and minerals to Thwaites' pub estate.Transaction is expected to complete on 17 April.  Full Article

Marston's Plc declares dividend
Thursday, 27 Nov 2014 02:00am EST 

Marston's Plc:Proposes final dividend of 4.3 pence per share.Says dividend will be paid on Feb. 2, 2015 to those shareholders on the register at close of business on Dec. 19.  Full Article

Marston's Plc sees FY 2014 operating profit broadly in line with expectations
Wednesday, 8 Oct 2014 02:00am EDT 

Marston's Plc:Says it has made sound progress in FY 2014 and expect to report underlying operating profit broadly in line with expectations.FY 2014 operating profit of 77.20 mln Pounds - Thomson Reuters I/B/E/S.  Full Article

Marston's PLC proposes final dividend
Thursday, 28 Nov 2013 02:00am EST 

Marston's PLC:Says the proposed final dividend of 4.1 pence per share, giving a total dividend for the year of 6.4 pence per share, represents a 5% increase compared to 2012.Says the dividend cover was 1.9 times (2012: 2.0 times).Says the dividend will be paid on Feb. 3, 2014 to those shareholders on the register at close of business on Dec. 20.Says the company's dividend policy is to target increases in dividend at a cover of around two times in the medium term.  Full Article

Newriver Retail Ltd to acquire portfolio of 202 public houses from Marston's PLC
Thursday, 28 Nov 2013 02:00am EST 

Newriver Retail Ltd:Says it has exchanged contracts to acquire a portfolio (the Portfolio) of public houses from Marston's PLC (Marston's) for a total consideration of 90 million pounds.Says acquisition of 202 public houses spread across the UK and predominately located in residential areas.Says it intends to convert the Portfolio to alternative uses, primarily into food Convenience Stores and restaurants.Says as part of the agreed terms of the acquisition, Marston's has entered into a minimum four-year term leaseback agreement (extendable to five years) during which time it will continue to manage and operate the Portfolio as public houses.Says Marston's will pay annual rent of 12,235,000 pounds, reflecting a net initial yield of 12.8 per cent on the purchase price.  Full Article

Marston's PLC Appoints New Chairman
Thursday, 16 May 2013 02:01am EDT 

Marston's PLC announced that it has appointed Mr. Roger Devlin as the new Chairman, effective September 1, 2013.  Full Article

Marston's PLC Declares Interim Dividend
Thursday, 16 May 2013 02:00am EDT 

Marston's PLC announced that an increase in the interim dividend to GBP0.023 per share, which represents a 4.5% increase versus last year.  Full Article

BRIEF-Marston's to buy trading operations of Daniel Thwaites' beer unit

* Reached agreement with Daniel Thwaites Plc to acquire trading operations of Thwaites' beer division

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