Community pub operator Hawthorn has unveiled plans to list on the stock market as a standalone quoted business. Parent group NewRiver REIT has announced that it will explore the potential for an Initial Public Offering (IPO) of Hawthorn following a strategic review. The process would see the the 700-strong pub group launched out as a separately-listed company. Mark Davies, who has been Chief Executive Officer of Hawthorn since 2019 and has been instrumental in driving NewRiver’s pub operations since 2013, will lead the IPO. Davies also sits on the board of the BBPA, and has been Chief Financial Officer at NewRiver for 12 years, and in leading this new chapter for Hawthorn, will step down from the NewRiver board in due course.