Friday preview: Leaving party for CEO of Spirit Pubs
With markets winding down ahead of the end of year holiday period, Friday is set to be even quieter than it usually is, leaving City professionals to catch up on their hospitality skills. Appropriately enough, therefore, pubs company Spirit Pub is holding its annual general meeting at which chief executive Ian Dyson will stand down, to be replaced by his deputy, Mike Tye.
With markets winding down ahead of the end of year holiday period, Friday is set to be even quieter than it usually is, leaving City professionals to catch up on their hospitality skills. Appropriately enough, therefore, pubs company Spirit Pub is holding its annual general meeting at which chief executive Ian Dyson will stand down, to be replaced by his deputy, Mike Tye.
The company, which was demerged from Punch Taverns in August, issued an upbeat set of full-year results back in October. Like-for-like sales at the group's managed pubs were up 5.2%, "consistently outperforming the market". Its leased pubs, which it is looking to get shot of, did not fare so well with like-for-like net income down 4.1%.
INTERIM DIVIDEND PAYMENT DATE
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
C&C Group, Carphone Warehouse Group, Establishment Inv Trust, IFG Group, TalkTalk Telecom Group , Utilico Emerging Markets Ltd., Wynnstay Properties, Young & Co's Brewery 'A' Shares
QUARTERLY PAYMENT DATE
Carnival, M Winkworth, Royal Dutch Shell 'A', Royal Dutch Shell 'B'
INTERNATIONAL ECONOMIC ANNOUNCEMENTS
Consumer Price Index (US) (13:30)
New Car Registrations (EU) (10:00)
Wholesale Price Index (GER) (07:00)
GMS
TXO
FINALS
Jersey Electricity 'A' Shares
IMSS
Spirit Pub Company
SPECIAL DIVIDEND PAYMENT DATE
Gleeson (M J) Group, Rotork
EGMS
UK Select Trust Ltd.
AGMS
Croma Group, JPMorgan Chinese Inv Trust, Lochard Energy Group, Palmaris Capital, Punch Taverns, Solo Oil, Spirit Pub Company, Sportingbet
UK ECONOMIC ANNOUNCEMENTS
Balance of Trade (EU) (10:00)
FINAL DIVIDEND PAYMENT DATE
Air Partner, Downing Absolute Income VCT 1, Dunelm Group, Henderson Fledgling Trust , Lok'n Store Group, Northern Venture Trust, Octopus Eclipse VCT 1, Octopus Eclipse VCT 3, Octopus Eclipse VCT 4, Plexus Holdings, Tristel
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
Starling Bank to scrap 3.25% interest rate from popular current account within days
Starling is to remove the generous 3.25% it pays on current accounts from next week – what does this mean for customers and should you move?
By Katie Williams Published
-
Top 20 UK areas where house prices have ballooned in last 25 years
Some parts of the UK have seen house prices grow by 652% since the turn of the millennium
By Daniel Hilton Published