P506 Teletext 506 Dec42 03:14:15 ——————— ————————————————— OSMOND TO PACK PUNCH ON INTERNET The founder of Punch Taverns, Hugh Osmond, is to turn his hand to the Internet by converting a shell company he part-owns into an e-business operation. Mr Osmond and his fellow directors at the Blakjs Clothing shell are taking on board Internet guru Charles Nasser to hunt for Internet businesses to buy. Blakjs is set to change its name and raise £1.6m through a shari placing. ——————————————————————————————————————— Financial headlines 500 City index 501 TOTAL ENTERTAINMENT p400 FULL GUIDE