PNB Pubs'n'bars

 

TIDMPNB 
 
RNS Number : 1656X 
Pubs 'n' Bars PLC 
10 August 2009 
 
Pubs 'n' Bars plc 
 
 
(AIM: PNB) 
 
 
("Pubs 'n' Bars" or "the Group") 
 
 
Disposal 
 
 
The Directors of Pubs 'n' Bars, the community public house owner and operator 
announce that it has disposed of the leasehold property at the Duke of 
Cambridge, 160 Boundary Road, London, E17 8LA . 
 
 
The Group had written its book value down to GBPnil at the 2008 year end 
valuations. The consideration received by the Group was GBP57,500 (before 
transaction expenses) which will be used to pay down existing levels of debt. 
 
 
As a result of this transaction, the Group now operates 104 pubs 
 
 
=-END-- 
Enquiries: 
 
 
Mel Belligero, Chief Executive 
Pubs 'n' Bars plc                              `     Tel: 020 8228 4800 
Stewart Dick/Simon Starr 
Daniel Stewart & Company plc                Tel: 020 7776 6550 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 DISFBLFFKVBBBBX 
 

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