Greene King plc(LSE:GNK) dropped from FTSE 350 Index

Greene King specializes in owning, operating and franchising pubs. The group also brews and markets beers. Net sales break down by activity as follows: - management of pubs and restaurants (81.1%): owns, at the end of april 2019, 2,730 pubs and restaurants (Hungry Horse, Greene King, Farmhouse Inn and Chef & Brewer brands); - production and marketing of beers (10.3%): mainly under Greene King IPA, Abbot Ale, Old Speckled Hen and Ruddles County names; - pub franchises (8.6%): 1,043 pubs franchised under rentals or leases.