J D Wetherspoon plc

Britain's JD Wetherspoon said on Thursday it would open patios, beer and roof-top gardens at 394 of its pubs in England next month when COVID-19 restrictions begin to ease for hospitality businesses.

British pubs group JD Wetherspoon plans to raise up to $128 million in its second cash call from investors since the start of the COVID-19 pandemic, as the government's latest order to close hospitality venues hammers its finances.

Pub operator JD Wetherspoon said on Tuesday it expected to raise 92.1 million-93.7 million pounds ($125.4 million-$127.6 million) through a share placing and estimated cash burn of 4.1 million pounds a week, with England under a third coronavirus lockdown.

British pub operator Marston's on Wednesday asked some of its noteholders for additional waivers during the first-half of 2021, following renewed lockdowns in Wales last month and England last week.

British pub operator J D Wetherspoon posted lower sales on Wednesday for the first quarter of its new financial year, hit by coronavirus restrictions, including changes in the tier categories, a 10pm curfew and a requirement to order all food and drink at the table.

Pub operator Marston's launched consultations on up to 2,150 job losses this month, while J D Wetherspoon accused the British government of panicking with new coronavirus restrictions it said could damage the entire economy.

* Rival Marston's warned this week 2,150 jobs at risk (Adds additional quotes from Martin, updates shares)

British pub operator JD Wetherspoon <JDW.L> said on Tuesday it could cut 400 to 450 jobs at its sites at six airports, including London's Heathrow and Gatwick, because of the large drop in passengers caused by the impact of COVID-19.

British pub operator J D Wetherspoon said on Monday its sales were still down sharply year-on-year despite help from the government's subsidised meal scheme, and called for tax relief for the hospitality sector to be extended.

British pubs operator J D Wetherspoon Plc said on Monday it expected to incur an annual loss as its pubs were shut during the coronavirus lockdown and it was looking to discuss waivers for the current fiscal year with its lenders in due course.

J D Wetherspoon will slash up to 130 jobs at its head office, the British pub operator said on Thursday due to the hit from the COVID-19 pandemic.

British pub operator J D Wetherspoon is investing 11 million pounds in measures including glass screens, entry and exit signs and thousands of hand sanitisers in a bid to ensure social distancing at its pubs once they reopen, it said on Friday.

British pubs group JD Wetherspoon <JDW.L> plans to raise 141 million pounds ($175 million) in a share placing as it tries to cope with the economic fallout from the coronavirus pandemic, which has forced all pubs to close.

JD Wetherspoon on Wednesday said it intends to raise 141 million pounds ($175 million) through a share placement as the pub operator attempts to tackle the economic impact from the coronavirus crisis and related restrictions.

* IN SIX WEEKS TO 8 MARCH 2020, LIKE-FOR-LIKE SALES INCREASED BY 3.2%

* Shares jump 27% (Adds pubs to stay open, shares, analyst comments)

* HY PROFIT BEFORE TAX £51.6M (BEFORE EXCEPTIONAL ITEMS (POST-IFRS 16))

Pub operator J D Wetherspoon on Friday cancelled its dividend and said it expects profits below market expectations as long as the coronavirus crisis continues.

The British government is making a "tactical error" in shutting down social life to combat the spread of the coronavirus, a move that could destroy the tax base and cripple the economy, JD Wetherspoon Chairman Tim Martin said on Tuesday.