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Registered in England and Wales, Wholly Owned
RELATED UNDERTAKINGS In accordance with Section 409 of the Companies Act 2006 a full list of subsidiaries, partnerships, associates and joint ventures, the principal activity, the country of incorporation and the effective percentage of equity owned, as at 30 September 2017 are disclosed below. With the exception of Imperial Tobacco Holdings (2007) Limited, which is wholly owned by the Company, none of the shares in the subsidiaries is held directly by the Company. SUBSIDIARIES: REGISTERED IN ENGLAND AND WALES, WHOLLY OWNED Name Principal activity and registered address Attendfriend Limited Dormant 121 Winterstoke Road, Bristol, BS3 2LL, England British Tobacco Company Limited Dormant 121 Winterstoke Road, Bristol, BS3 2LL, England Congar International UK Limited Dormant 121 Winterstoke Road, Bristol, BS3 2LL, England Fontem UK Limited In liquidation BDO LLP, Two Snowhill, Birmingham, B4 6GA, England Imperial Brands Enterprise Finance Limited Provision of treasury services to other Group companies 121 Winterstoke Road, Bristol, BS3 2LL, England Imperial Brands Finance PLC Provision of treasury services to other Group companies 121 Winterstoke Road, Bristol, BS3 2LL, England Imperial Investments Limited Dormant 121 Winterstoke Road, Bristol, BS3 2LL, England Imperial Tobacco Altadis Limited Provision of finance to other Group companies 121 Winterstoke Road, Bristol, BS3 2LL, England Imperial Tobacco Capital Assets (1) Provision of finance to other Group companies 121 Winterstoke Road, Bristol, BS3 2LL, England Imperial Tobacco Capital Assets -
“They Twisted My Arm to Get These Deals.”
03-04_TAA_catalog.cg3 7/1/03 12:35 PM Page 1 2003/2004 2003 PIPE OF THE YEAR Erik says: AT PRICES “They twisted my arm “YOU WILL NEVER SEE AGAIN!” to get these deals.” SEE PAGE 2 03-04_TAA_catalog.cg3 7/1/03 12:35 PM Page 2 “They twisted my arm to get these No two handmade pipes The best value deals, you can’t beat these prices!” are exactly alike. on the market! EXCLUSIVE Bjarne Nielsen offers an The famous Danish pipe maker, Erik Nording, excellent pipe at a fair price. presents OCASO pipes at prices you His reputation depends on it. will never see again! Bjarne churchwarden pipes 3C 2003 Pipe of the Year are the latest rage, but all of these shapes are exquisite. 3D* 2B 3E 2C * 3F 2A 2A Nording Freehand Tall, smooth. 2C Nording Freehand Apple, with carving. 3G* Normally $200. Now only $110.00 Normally $100. Now only $59.95 2B Nording Freehand Tall, with carving. 2D Nording Freehand Apple, smooth. *FLAT Normally $100. Now only $59.95 Normally $200. Now only $110 (not shown) BOTTOM “SITTERS” 3A 3B 3H* TABLE OF CONTENTS Cigars . 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 bjarne Pipes . 31, 32, 33, 35, 36, 37, 38, 40, 40, 41, 48, 50 Cigarettes and Accessories . 16, 42, 43, 44, 46, 47, 48 3A Churchwarden with Carving. $65 Flasks and Barware . 49 3B Churchwarden Smooth. $79 Humidors . 10, 11 3C Bent Prince with Carving. $65 Lighters. 15, 17, 39, 51 3D Freehand Sitter with Carving. -
Actor Vince Vaughn
internet only CigarJUNE 2, 2015 n VOL. 20,Insider NO. 11 n FROM THE PUBLISHER OF CIGAR AFICIONADO MAGAZINE CLICK HERE TO SUBSCRIBE IN THIS ISSUE: FEATURED CIGAR TASTING REPORT: MY FATHER LE BIJOU 1922 PREVIEWS FROM THE AUGUST 2015 BOX PRESS TORPEDO 93 ISSUE OF CIGAR AFICIONADO: NICARAGUA n PRICE: $11.40 n BODY: MEDIUM TO FULL POINTS n My Father Le Bijou 1922 Box Press Torpedo [page 2] For a full tasting, see page two. n Padrón Serie 1926 80 Years Maduro [page 2] n Trinidad Vigía [page 2] n Don Pepin Garcia Cuban Classic 1979 [page 2] BEST CIGARS THIS ISSUE n Por Larrañaga Picadores [page 3] n Fuente Fuente OpusX Angel’s Share Reserva d’Chateau [page 3] My Father Le Bijou 1922 Box Press Torpedo Nicaragua 93 n Partagás Serie D No. 6 [page 3] Padrón Serie 1926 80 Years Maduro Nicaragua 93 n H. Upmann Connossieur A [page 3] VERTICAL BRAND TASTINGS: Trinidad Vigía Cuba 93 n Romeo Añejo by Romeo y Julieta [page 4] Don Pepin Garcia Cuban Classic 1979 Nicaragua 92 NEW SIZES: Por Larrañaga Picadores Cuba 92 n Hoyo de Monterrey Edición de Cumpleaños 150 [page 4] Fuente Fuente OpusX Angel’s Share n Matilde Renacer Lancero [page 4] Reserva d’Chateau Dom. Rep. 92 CIGAR NEWS n The Avo Syncro Nicaragua [page 5] n El Centurion Wrapped in Connecticut [page 5] n Montecristo With a Vintage Wrapper [page 6] n Keystone State Looks to Tax Cigars [page 6] ACTOR VINCE VAUGHN n Quesada Cigars Distributes La Matilde [page 6] HE MIGHT BE KNOWN FOR COMEDY, but Vince Vaughn has a serious side, along with a n Nick Melillo Starts up Foundation [page 7] penchant for cigars. -
Annual Report and Accounts 2019
IMPERIAL BRANDS PLC BRANDS IMPERIAL ANNUAL REPORT AND ACCOUNTS 2019 ACCOUNTS AND REPORT ANNUAL ANNUAL REPORT AND ACCOUNTS 2019 OUR PURPOSE WE CAN I OWN Our purpose is to create something Everything See it, seize it, is possible, make it happen better for the world’s smokers with together we win our portfolio of high quality next generation and tobacco products. In doing so we are transforming WE SURPRISE I AM our business and strengthening New thinking, My contribution new actions, counts, think free, our sustainability and value creation. exceed what’s speak free, act possible with integrity OUR VALUES Our values express who we are and WE ENJOY I ENGAGE capture the behaviours we expect Thrive on Listen, challenge, share, make from everyone who works for us. make it fun connections The following table constitutes our Non-Financial Information Statement in compliance with Sections 414CA and 414CB of the Companies Act 2006. The information listed is incorporated by cross-reference. Additional Non-Financial Information is also available on our website www.imperialbrands.com. Policies and standards which Information necessary to understand our business Page Reporting requirement govern our approach1 and its impact, policy due diligence and outcomes reference Environmental matters • Occupational health, safety and Environmental targets 21 environmental policy and framework • Sustainable tobacco programme International management systems 21 Climate and energy 21 Reducing waste 19 Sustainable tobacco supply 20 Supporting wood sustainability -
Pdf (Boe-A-2001-14861
BOE núm. 182 Martes 31 julio 2001 27971 Áreas y materias Primer Segundo Tercer Cuarto curso curso curso curso MINISTERIO DE ECONOMÍA Educación Plástica y Visual ........ 2 2 2 3* 14861 RESOLUCIÓN de 26 de julio de 2001, del Ética .................................. — — — 2 Comisionado para el Mercado de Tabacos, por Música ............................... 2 2 2 3* la que se publican los precios de venta al públi- Tecnología .......................... 2 2 2 3* co de determinadas labores de tabaco en Religión/Actividades de estudio . 1 2 1 2 expendedurías de tabaco y timbre del área Optativas ............................ 2 2 2 2 del monopolio. En virtud de lo establecido en el artículo 4 de la Total horas ..................... 29 29 29 29 Ley 13/1998, de Ordenación del Mercado de Tabacos, se publican los precios de venta al público de deter- (*) Áreas y materias optativas entre las que el alumno cursará dos. minadas labores de tabaco en Expendedurías de Tabaco y Timbre del área del Monopolio, que han sido propues- tos por los correspondientes fabricantes e importadores. ANEXO II Primero.—Los precios de venta al público de las labo- res de tabaco que se indican a continuación, incluidos Horario semanal de áreas y materias en el segundo los diferentes tributos, en Expendedurías de Tabaco y curso de la Educación Secundaria Obligatoria durante Timbre de la Península e Illes Balears, serán los siguien- el año académico 2001-2002 en los centros a los que tes: se refiere el apartado tercero de la presente Orden Precio total de venta al público Áreas y materias Segundo curso Pesetas/cajetilla Euros/cajetilla Lengua Castellana y Literatura ..................... -
Cuban Cigars Cohiba Montecristo
Purchase from 3 to 9 cigars -5% discount. * Buying 10 cigars or more, you get -10% discount* For purchases over 60 cigars, we will prepare a special offer for you. *Discount applies to take-away cigars only. ARTURO FUENTE DON CARLOS Don Carlos Double ANEJO Robustos 17.90 € Don Carlos Personal A.Fuente Anejo No.49 24.00 € Reserve 33.30 € A.Fuente Anejo No.50 20.35 € Don Carlos Robustos 16.75 € A.Fuente Anejo No.77 23.40 € HEMINGWAY Tres Ocho 8-8-8 24.20 € A.Fuente HEM Best Seller 12.00 € CHATEAU FUENTE A.Fuente HEM Classic 15.75 € A.Fuente HEM Short Double Chateau Fuente 12.25 € Story 10.05 € A.Fuente HEM Untold Chateau Fuente 9.73 € Story 31.20 € Chateau Piramide 13.65 € MAGNUM R Chateau Royal Solute 14.75 € A.Fuente Rosado 44 11.55 € A.Fuente King T 19.00 € A.Fuente Rosado 52 11.40 € GRAN RESERVA A.Fuente Rosado 54 12.95 € Flor Fina 8-5-8 Natural 10.40 € A.Fuente Rosado 58 13.00 € Petit Corona 7.20 € A.Fuente Rothschilds 8.40 € Cuban Corona 8.05 € 20th ANNIVERSARY Cubanitos (Box of 10) 31.40 € Opus X Aniv. Believe 39.30 € OPUSX ANGEL`S Opus X Aniv. Father&Son SHARE 40.65 € Opus X Aniv. God's Angels Perfecto Robusto 28.85 € Whisper 44.50 € Opus X Aniv. Power of the Angels reserva d'Chateau 34.20 € Dream 42.75 € 20th ANNIVERSARY ANNIVERSARIO Opus X Aniv. Believe 39.30 € Anniversario Entreacto 9.35 € Opus X Aniv. Father&Son 40.65 € Anniversario Special R 19.60 € Opus X Aniv. -
Dear Friends, Tom Sullivan Founder
AMERICA’S PREMIER CIGAR WHOLESALER Fast - Fresh - Friendl y Dear Friends, Our August 2021 Alliance Cigar Wholesale catalog features a number of new exciting brand extensions of great classic brands from Altadis. Aging Room Quattro Nicaragua received our industry’s most prestigious distinction last year “Cigar of the Year from Cigar Aficionado” and continues to lead the way for the exciting Aging Room brand family. We have excellent stock and this blend in all 4 sizes is a must have for all retailers. Romeo Reserva Real Nicaragua; 100% Nicaraguan puro made by AJ Fernandez. An extension of Reserva Real, one of the most trusted and respected cigar brands. It is well-balanced and complex profile with a rich aroma Competitive price positioning: MSRP $8.77-$9.96. Montecristo Espada gets its third blend, a Nicaraguan puro with a rather dark wrapper and produced at the Plasencia Cigars S.A. factory in Estelí, Nicaragua. The very popular Romeo by Romeo blend gets a new size; the 6x60 Magnum in 20ct boxes! The best seller blend in the Montecristo family, the “White” series finally gets a small cigar of its own; the Montecristo White in Mini Tins of 20 small cigars. The Romeo y Julietta “Eternal” is a very limited edition that celebrates the brand’s 145 years of passion for cigars.Exclusive blend made by the famous Plasencia family with luxurious tobaccos from the private reserve in Nicaragua. With a stunning caramel toned wrapper that has been double fermented and aged for 26 months. Packed in a standing box of 11 cigars, one of them featuring a golden ring that symbolizes the strong bonds between cigar aficionados and Romeo y Julieta. -
1 CO-OPERATION AGREEMENT Dated As of 27 September 2010
CO-OPERATION AGREEMENT dated as of 27 September 2010 among IMPERIAL TOBACCO LIMITED AND THE EUROPEAN UNION REPRESENTED BY THE EUROPEAN COMMISSION AND EACH MEMBER STATE LISTED ON THE SIGNATURE PAGES HERETO 1 ARTICLE 1 DEFINITIONS Section 1.1. Definitions........................................................................................... 7 ARTICLE 2 ITL’S SALES AND DISTRIBUTION COMPLIANCE PRACTICES Section 2.1. ITL Policies and Code of Conduct.................................................... 12 Section 2.2. Certification of Compliance.............................................................. 12 Section 2.3 Acquisition of Other Tobacco Companies and New Manufacturing Facilities. .......................................................................................... 14 Section 2.4 Subsequent changes to Affiliates of ITL............................................ 14 ARTICLE 3 ANTI-CONTRABAND AND ANTI-COUNTERFEIT INITIATIVES Section 3.1. Anti-Contraband and Anti-Counterfeit Initiatives............................ 14 Section 3.2. Support for Anti-Contraband and Anti-Counterfeit Initiatives......... 14 ARTICLE 4 PAYMENTS TO SUPPORT THE ANTI-CONTRABAND AND ANTI-COUNTERFEIT COOPERATION ARTICLE 5 NOTIFICATION AND INSPECTION OF CONTRABAND AND COUNTERFEIT SEIZURES Section 5.1. Notice of Seizure. .............................................................................. 15 Section 5.2. Inspection of Seizures. ...................................................................... 16 Section 5.3. Determination of Seizures................................................................ -
Imperial Tobacco Group Plc Interim Management Statement for the Nine Months Ended 30 June 2015
IMPERIAL TOBACCO GROUP PLC INTERIM MANAGEMENT STATEMENT FOR THE NINE MONTHS ENDED 30 JUNE 2015 STRATEGIC PROGRESS CONTINUES – ON TRACK FOR FULL YEAR Strengthening our Portfolio • Excellent results from Growth Brands; underlying net revenue, underlying volume and market share up 14 per cent, 10 per cent and 100 bps respectively • Continued success of brand migrations; 13 complete (8 in FY15), 21 ongoing; high level of consumer retention • Growth and Specialist Brands proportion of reported tobacco net revenue up 580 bps to 59 per cent Developing our Footprint • Continued progress in Growth Markets: underlying net revenue down 1 per cent; up 3 per cent ex Iraq • Improving underlying net revenue growth of 1 per cent in Returns Markets • Total underlying net revenue flat and volumes down 6 per cent (net revenue up 1 per cent and volumes down 4 per cent ex Iraq) • Acquisition of US assets completed; ITG Brands fully operational and integration progressing to plan Cost Optimisation • Focus on complexity reduction, improved ways of working and cost efficiencies ongoing • Cost optimisation programme remains on track to deliver £85 million savings in FY15 Capital Discipline • Expect cash conversion of c.90 per cent for the full year with consistent focus on managing working capital • Continuing commitment to ongoing debt reduction • On track to deliver dividend growth of 10 per cent for the full year Overview 9 months to 30 June Change Constant 2015 2014 Actual Currency1 Underlying2 Growth Brands volume bn SE 105.4 91.7 +15% - +10% Tobacco net revenue3 £m 4,435 4,632 R -4% +2% 0% Total Tobacco volume3 bn SE 207.4 213.3 -3% - -6% 1 Change at constant currency removes the effect of exchange rate movements on the translation of the results of our overseas operations. -
American Reynolds – Historic All-Time High in Brand Acquisitions 14
MARKABLES American Reynolds – Historic All-Time High in Brand Acquisitions 14 American Reynolds – Historic All-Time High in Brand Acquisitions White Paper Dr. Christof Binder Schwyz, April 3rd, 2018 Historic All-Time High in Brand Acquisitions Recently, on March 15th, British American Tobacco (BAT) filed their annual report for 2017, including the valuation of the assets purchased with their acquisition of Reyn- olds American on July 25th, 2017. With this report, accounting for brands experienced a historic moment with the reporting of a brand value of US$ 93.6 billion acquired with Reynolds American by BAT. The portfolio of acquired brands includes Newport, Pall Mall, Camel, Natural American Spirits, Grizzly and Kodiak. This is a new all-time high which more than doubles the previous record high of Kraft Foods (2015, US$ 41.3 billion). The brand value embedded the acquisition of Reynolds American is remarkable in three aspects: 1. It is the most valuable brand portfolio ever acquired. What is more, 2. the ratio brand value / brand revenues is amongst the highest ever reported. And 3. the ratio brand value / enterprise value of 89% shows that there were hardly any other assets than brand within this acquisition. The valuation and accounting of brands dates back to the mid-eighties when British and Australian companies like NewsCorp, Reckitt & Coleman, GrandMet and Ranks Hovis McDougall pioneered the valuation, auditing and reporting of some of their brands in their financial statements. According to accounting standards, all acquired brands have to be valued and reported separately since 2000 in the US and since 2004 in most other countries. -
IN the NEXT CIGAR INSIDER the Super Toro Comes Packaged in Boxes of 25 and Retails for $7.50 Each
internet only CigarMAY 10, 2011 n VoL. 16, noInsider. 9 n From THe PubLiSHer oF CIGAR AFICIONADO maGaZine CLICK HERE TO SUBSCRIBE IN THIS ISSUE: FEATURED CIGAR TASTING REPORT: LA RELOBA SELECCIÓN SUMATRA TorPedo VERTICAL BRAND TASTINGS: nicaraGua n PRICE: $6.50 n BODY: medium 94 PoinTS n PDR 1878 Cubano Especial For a full tasting, see page three. Capa Madura [page 2] n La Reloba Selección Sumatra [page 3] BEST CIGARS THIS ISSUE CURRENT RELEASE: La Reloba Selección Sumatra Torpedo Nicaragua 94 n Romeo y Julieta Regalias de Londres [page 3] La Reloba Selección Sumatra Robusto Nicaragua 92 PDR 1878 Cubano Especial Capa Madura Toro Dom. Rep. 90 CIGAR NEWS PDR 1878 Cubano Especial n Bill Aims to Exempt Premium Cigars From Capa Madura Torpedo Dom. Rep. 90 FDA Regulation [page 4] PDR 1878 Cubano Especial n Cuba’s H. Upmann Factory Moves [page 4] Capa Madura Lancero Dom. Rep. 89 n Altadis U.S.A. Cuts Sleepy Brands [page 5] Romeo y Julieta Regalias de Londres Cuba 89 n Nicaragua’s Bumper Tobacco Crop [page 5] n Alec Bradley Releases American Classic Blend [page 6] n Bargain Smoke from El Credito [page 6] n New Size for Winston Churchill [page 6] RYJ BECOMES UPMANN CUBA’S ROMEO Y JULIETA FACTORY n Brick House Gets a Belicoso [page 7] is the new (albeit temporary) home of H. Upmann n Rocky Patel Hosts Charity Golf Event [page 7] cigars. The factory manager, workers, tobaccos and brands from Upmann have been moved to Romeo y n Perdomo Debuts Champagne Noir [page 8] Julieta while the H. -
It's Raining Money It's Raining Money
2009_1_26.qxp 1/6/2009 5:54 PM Page 1 January 26, 2009 49145 $3.95 Goldberg: The New Deal’s Undeserved Reputation IT’S RAINING MONEY $3.95 04 Mark Steyn on the Obama Era 0 09128 49145 5 www.nationalreview.com base.qxp 1/5/2009 2:11 PM Page 1 15 ) 1 *% N &)3 GI toc.qxp 1/7/2009 1:51 PM Page 1 Contents JANUARY 26, 2009 | VOLUME LXI, NO. 1 | www.nationalreview.com GOLDBERG: The Shrine of FDR . p. 18 COVER STORY Page 26 Twelve Zeroes BOOKS, ARTS & MANNERS In Washington, some strange new Zimbabwean 40 WHERE THE BUCK STOPS by John R. Bolton unit seems to have been Presidential Command: introduced between the Power, Leadership, and the Making of Foreign Policy election and the inauguration: from Richard Nixon to No matter how many zeroes George W. Bush, by Peter W. Rodman you stick on the end, the next guy will always add a 45 FDR RECONSIDERED by Jonathan H. Adler couple more. Mark Steyn New Deal or Raw Deal? How FDR’s Economic Legacy Has Damaged THOMAS REIS America, by Burton Folsom Jr. ARTICLES 47 GOING GREAT GUNS 18 THE SHRINE OF FDR by Jonah Goldberg by Robert VerBruggen Why the Left worships there. Gun Control on Trial: Inside the Supreme Court 20 COURTS VS. LAW by Ramesh Ponnuru Battle over the Second Why you shouldn’t want an activist judiciary. Amendment, by Brian Doherty 22 AND GLOBAL WARMING TOO! by Jim Manzi Sorry, a gas tax won’t solve all our problems.