LSE: MAB

Mitchells & Butlers

Annual dining vouchers

What shareholders get20% off total bill1 share or more

What you get

Shareholders receive 12 vouchers a year. Each gives 20% off the total bill at managed Mitchells & Butlers pubs and restaurants when every guest orders a main meal.

What it takes

You need at least one share.

Before buyingA perk is a minor benefit of owning a share, not a reason to buy one. Share prices fall as well as rise, and dealing costs, spreads and tax can exceed a perk’s value. This page is not investment advice. Read about the risks.

Holding through a broker

Shares held in your own name or through a nominee qualify.

The issuer does not give separate rules for ISA and SIPP holdings.

Other conditions

Excluded brands
Innkeeper’s Collection
Who else can use it
Up to 10 guests per voucher; larger groups need more vouchers

How to claim

  1. 1. If the shares are registered in your nameM&B sends the booklet with the annual mailing. If you hold certificates and it has not arrived by the end of February, contact the voucher team.
  2. 2. If you hold through a nomineeAsk your nominee for the booklet first. If it will not apply for you, contact M&B’s voucher team at the email below. Check what proof your broker can supply.
  3. 3. Use an original voucher or its codeShow staff the original voucher before you order. If you order at the table or click and collect through an M&B website or app, enter the voucher code in the basket’s offers section before checkout. The discount cannot be added afterwards. Pay the whole bill in one transaction; it cannot be split.

If your nominee will not apply, M&B needs proof of your shareholding before it sends a booklet to you directly. The FAQ does not say which documents count.

Open the claim page 

Mitchells & Butlers — Voucher enquiries: shareholdervouchers@mbplc.com

Exclusions and limits

Excluded: Buffets; Christmas Day.

Usage limits: One booklet per shareholder per year.

Dates

The issuer publishes no minimum holding period.

Ownership date rule
Moves each year with the Annual Report, usually to late November or early December
Issuer’s timing advice
Be on the Equiniti register, or your nominee’s, by 20 November each year. This is the issuer’s recommendation, not the formal record date
Benefit issued
Late December or early January each year
Expiry rule
Vouchers can be used up to and including 31 January each year. The terms name no year, so check the expiry printed on your booklet

Practical notes

Every guest must order a main meal

Breakfasts and set menus count as main meals. The discount applies to the whole bill, not food alone.

Combining offers

You cannot combine the voucher with other offers or loyalty discounts unless the other offer’s terms expressly allow it.

Keep the original voucher

Photocopies are not accepted. Staff keep the voucher when you use it. It cannot be exchanged for cash or sold.