Marstons Regulatory News (MARS)

PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

MARSTON'S PLC

Results of General Meeting

25 June 2020

Marston's PLC (the "Company") is pleased to announce that the resolution proposed at the General Meeting of the Company held today, seeking approval for the proposed arrangements with Carlsberg UK Holdings Limited (the "Transaction"), as described in the circular to shareholders dated 8 June 2020 (the "Circular"), was duly passed by shareholders as an ordinary resolution. 

Completion of the Transaction remains conditional on clearance by the relevant competition authorities. The Transaction is expected to complete in the third quarter of 2020.

Full details of the poll result are set out below.

Notes:

1. Full text of the resolution is set out in the notice of general meeting forming part of the Circular.

2. Percentages are expressed as a proportion of the total votes cast.

3. A vote withheld is not a vote in law and is not included in the calculation of the votes "For" or "Against" the resolution.

4. Any proxy appointments which gave discretion to the Chairman have been included in the "For" total.

The number of votes validly cast represented 44.77% of the Company's issued share capital at 6.30pm on 23 June 2020. 

A copy of this announcement confirming the voting figures will be displayed shortly on the Company's website at www.marstons.co.uk.

In accordance with the Listing Rules of the Financial Conduct Authority, a copy of the resolution passed at the General Meeting will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://www.fca.org.uk/markets/primary-markets/regulatory-disclosures/national-storage-mechanism.

Capitalised terms used in this announcement have the meanings given to them in the Circular.

Enquiries

Marston's PLC

Ralph Findlay, Chief Executive Officer

Andrew Andrea, Chief Financial and Corporate Development Officer

Tel: 01902 329516

J.P. Morgan Cazenove (Financial Adviser, Sponsor and Joint Corporate Broker to the Company)

James Mitford

Anastasia Volnova

Jonty Edwards

Tel: 020 7742 4000

Numis (Joint Corporate Broker to the Company)

Jonathan Wilcox

Alasdair Abram

Tel: 020 7260 1000

Instinctif Partners

Justine Warren

Matthew Smallwood

Tel: 020 7457 2010/2005

Cautionary statement

This announcement is not intended to, and does not constitute, or form part of, any offer to sell or an invitation to purchase or subscribe for any securities or a solicitation of any vote or approval in any jurisdiction. The information contained in this announcement is not for release, publication or distribution to persons in any jurisdiction where to do so might constitute a violation of local securities laws or regulations.

Important Information relating to financial advisers

J.P. Morgan Securities plc (which conducts its U.K. investment banking activities as J.P. Morgan Cazenove) ("J.P. Morgan Cazenove"), which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority in the United Kingdom, is acting exclusively as sponsor and financial adviser to Marston's plc and for no one else in connection with the Transaction and will not be responsible to anyone other than Marston's PLC for providing the protections afforded to clients of J.P. Morgan Cazenove or for providing advice in relation to the Transaction, the contents of this announcement or any transaction, arrangement or other matter referred to in this announcement.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.