Financial Times FT.com

Adnams faces fresh criticism from GPG

By Pan Kwan Yuk

Published: August 24 2009 21:56 | Last updated: August 24 2009 21:56

Adnams, the Suffolk-based brewer and pub operator, was forced on to the defensive on Monday following fresh criticism from Guinness Peat Group, the activist investor and rebel shareholder.

GPG, which holds 5.4 per cent of Adnams’ B-shares and 2.5 per cent of the voting rights, has been pushing for changes to the group’s corporate strategy and an end to the dual share structure.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this