Corporate matters,
it’s our business

Shares

Current price:
69.00p

Opening price: 71.95p
Day high: 73.60p
Day low: 67.50p
Previous close: 69.00p
as of 24 November 2020 20:55

Joint Venture between Marston’s Beer Company and Carlsberg UK

Following the General Meeting on 25 June 2020, shareholders approved the Joint Venture between Marston’s Beer Company and Carlsberg UK. Results of the meeting can be found here.

The JV completed on 30th October, and Marston's now holds a 40% stake in the Carlsberg Marston’s Brewing Company and will receive a cash payment of up to £273 million. Carlsberg UK will hold 60% of the Joint Venture. This will allow Marston's to deliver on our debt reduction target whilst providing financial flexibility. We will be able to focus on our pub and accommodation business while retaining a substantial interest in a larger, more attractive brewing business. More information on the Joint Venture can be found in our news section.

Additional information

Sector classification

We are classified by FTSE as being in the Restaurants and Bars sub-sector of the Travel and Leisure sector.

Indices

We are included within the:

  • FTSE ALL-SHARE
  • FTSE ALL-SHARE EX INVESTMENT TRUSTS

Detailed information

Look at the Marston's PLC entry on the London Stock Exchange Website.

We'd like to know more about the pages you visit on our site and show relevant offers based on those pages. If you're happy for us to collect this information please click accept. Our full Privacy policy can be found here.