A message from Kris Gumbrell, CEO January 2011-12-30

Dear Investor,

Firstly may I take this opportunity to wish you and your family and very happy New Year. At Convivial we have had a dynamic year of transformation and stong progress within our estate. You should, by now, have received our full year accounts and annual report for the year ended September 2011. (if this is not the case please contact our Share Registrars by clicking the “Shares” button towards the bottom of the page)

I would also like to draw your attention to our extract from our Chairman’s statement in the 2011 Annual Report, in the report: “We have enjoyed a strong year of growth and development, we have invested over half a million pounds into our estate and this investment continues as we are in the process of building 8 additional bedrooms at the Mitre hotel in Greenwich”

A full copy of the report is also available for download on this page along with previous copies.
It was good to speak to many of you during the recent rights issue, which was fully subscribed by nearly 200 of our shareholders. The money raised is being put to good use as we continue to develop the estate in view of what will be an exciting and yet more profitable year, with so much opportunity still to come from the London Pub Business.
I would like to take this opportunity to remind you that there are a number of offers you can download at the bottom the page, our pub teams like to see our shareholders in the business and we value your feedback, please feel free to email me directly on enquiries@conviviallondonpubs.com or call me at our new office number 0207 237 3074 should you wish to pass on any comments or observations.

The first quarter of the new financial year has had a strong start with growth of 8.4%. The Christmas season has been very good for Convivial London Pubs, our sales for December have grown by 17.6%, despite partial closure and the ongoing building works at the Mitre, the team have worked extremely hard in a difficult economic climate and we are delighted with the progress being made. I am also pleased to welcome Samantha Cox to our business, Sam and I worked together in Greene King for a number of years, Sam brings with her strong leadership and a focus on delivering excellent results, I am delighted with her progress made already and what I know she will deliver to the business in the coming year.

On a further positive note, I am pleased to announce that Convivial London Pubs has made the finals of the Publican awards for the UK’s Best Pub Operating Microbrewer. We are now in the process of being judged and the winner of the awards will be announced at the end of March. We are one of four finalists and this achievement is a credit to all the hard work by the teams in our pubs and our managers in our business.

Best Regards for the New Year from everyone at Convivial London Pubs plc

Kris Gumbrell

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