UK smallcap opening - Maypole perks up on move to black; acquisition

Date : 03/03/2008 @ 3:14AM
Source : TFN
Stock : Maypole Group (MPG)
Quote : 0.675  0.0 (0.00%) @ 2:39AM
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UK smallcap opening - Maypole perks up on move to black; acquisition

        LONDON (Thomson Financial) - Maypole perked up 0.1250 of a penny to 1.375
after the UK countryside hotels with restaurants group said it expects H1 losses
of 407,842 stg to be substantially reduced at the full-year stage following a
move to the black in the closing half.
    Meanwhile, it has entered into an agreement with Punch Taverns to acquire
leasehold interest in Pear Tree Inn, Wiltshire for 15 years and will pay 305,000
stg for it.


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fjb/vjt

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