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WTB — Whitbread News Story

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UK's Whitbread gains as co backs turnaround plan, reaffirms outlook

BUZZ-UK's Whitbread gains as co backs turnaround plan, reaffirms outlook

** Shares of UK's Premier Inn owner Whitbread WTB.L rise 2.4% to 2,571p, among top gainers on FTSE bluechip .FTSE index

** Shares at highest since March

** Co backs its five-year turnaround plan and recommends shareholders vote against activist investor Corvex Management's demand for a board seat

** Co says it is confident in its full-year outlook

** Up to last close, stock down ~2% so far this year


(Reporting by Roshni Srivastava in Bengaluru)

((roshni.srivastava@thomsonreuters.com))

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