Punch Taverns PLC (PUB)

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Company Description

Punch Taverns PLC was incorporated on April 15, 1999. The Company is engaged in the operation of public houses under the leased model. This involves the granting of leases to tenants who operate the pub as their own business, paying rent to the group, purchasing beer and other drinks from the group and entering into profit-sharing arrangements for income from leisure machines. Its two divisions are Core Estate and a Turnaround Estate. Core Estate comprises 2,951 pubs. Turnaround Estate comprises 2,053 pubs. The group operates solely in the United Kingdom...