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Pin to quick picksMarstons Share News (MARS)

Share Price Information for Marstons (MARS)

London Stock Exchange
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Share Price: 28.25
Bid: 28.30
Ask: 28.45
Change: -0.65 (-2.25%)
Spread: 0.15 (0.53%)
Open: 28.70
High: 29.30
Low: 28.20
Prev. Close: 28.90
MARS Live PriceLast checked at -

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Marston's bondholders approve waiver request after pubs forced to shut

Fri, 26th Mar 2021 11:37

(Alliance News) - Marston's PLC on Friday said bondholders approved its request for waivers in the second half of this year, as its pubs have been closed since December under lockdown rules.

Holders of 93% of the value of secured class A notes voted in favour of the waivers, Marston's said. Earlier this month, the Wolverhampton-based company announced the request for "a limited number of further technical waivers of its financial covenant" because of the enforced closure of its pubs.

Marston's previously asked for waivers in May and November 2020, which were approved.

Shares were up 2.3% to 98.45 pence in London.

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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15 Mar 2024 13:23

IN BRIEF: Marston's CEO Justin Platt buys GBP100,000 in shares

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Marston's Chair William Rucker to leave to take chair of British Land

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11 Mar 2024 07:45

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23 Jan 2024 09:54

Marston's celebrates Christmas trading growth; optimistic for future

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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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16 Jan 2024 15:27

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