A stock market flotation for the restaurant business of Laurel Pub Company, including La Tasca, Slug and Lettuce and Ha Ha bar & grill, is "an option" for its owner Robert Tchenguiz.
A spokeswoman for Laurel told Caterersearch that weekend reports linking Laurel's restaurant division with a public flotation valuing the company at £400m were "fairly speculative".
She added the company was currently undergoing a restructuring process that included increasing the size of its recently acquired La Tasca estate as well as converting Hogs Head pubs into the more food-led Slug and Lettuce brand.
If a flotation goes ahead it is not expected to be before its rival Tragus Holdings, whom it beat in a bidding war for La Tasca earlier this year, takes the same course of action.
By Christopher Walton