Thistle Pub Company II EIS is offering £6m in shares in an enterprise investment scheme to refurbish...
Thistle Pub Company II EIS is offering £6m in shares in an enterprise investment scheme to refurbish and sell on Scottish community pubs. Executive director of the company is Steve Mallon, managing director of pub group Maclay, which will manage and supply the establishment. Five previous EISs all sold on their pubs to the group after five years. Mallon aims to purchase 10-12 pubs over the next five years, all within Maclay's core area of central Scotland. The equity will be supported with bank borrowings of up to 55% if funds raised. Typically, the scheme will spend £100,000 on smarte...
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