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Jangho Group's Two Units Own A Combined 12.3% Stake In Cineworld Group
Cineworld Says Each Equity Warrant Issued To Be Exercisable Into 1 Share Of Co At 41.49p
Cineworld Says Secured New Debt Facility Of $450 Mln And Issue Of Equity Warrants
Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has over 9,518 screens in over 790 sites in across 10 countries. It operates in the United Kingdom, Jersey, Ireland, Poland, Israel, Hungary, Czech Republic, Bulgaria, Romania and Slovakia. The Company's brands include Cineworld Cinemas, Picturehouse, Cinema City and Planet. Its Cineworld Cinemas and Picturehouse brands operate in the United Kingdom and Ireland. Its Cinema City brand operates in over six Central and Eastern European territories. Its brands, including Yes Planet and Rav-Chen operates within Israel. The Company's subsidiaries include Augustus 1 Limited, Cinema City Holding B.V., Cinema Finco 1 Limited, Cinema Finco 3 Limited and Cinema Finco 4 Limited.
8th Fl, Vantage London, Great West Road
Anthony Herbert Bloom
Non-Executive Chairman of the Board
Moshe J. Greidinger
Chief Executive Officer, Executive Director
Deputy Chief Executive Officer, Executive Director
Non-Executive Independent Deputy Chairman of the Board
Chief Financial Officer, Executive Director
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Cineworld, owner of the U.S. Regal cinema chain, secured an additional $750 million in funding on Monday to cushion itself against the impact of the coronavirus as it aims to reopen next year.
Cineworld <CINE.L>, the world's second-biggest cinema chain, will close its UK and U.S. movie theaters this week, leaving as many as 45,000 workers unemployed for the foreseeable future as it fights to survive a coronavirus collapse in film-making and cinema-going.
Cineworld Group said on Monday it would temporarily shut its movie theatres in the United States and the UK, a move that would impact 45,000 jobs, as it deals with a significant downturn in the industry brought on by the coronavirus crisis. (Reporting by Muvija M in Bengaluru...
Cineworld <CINE.L>, the world's second-biggest cinema operator, said it was considering temporarily closing all its screens in the United States and Britain after studios pulled major releases such as the latest James Bond film.
AMC Entertainment Holdings Inc <AMC.N> said on Thursday it has delayed the reopening of its movie theaters in the United States to mid to late August, in alignment with the new release dates of Disney's "Mulan" and Christopher Nolan's thriller, "Tenet".
Canadian movie theater operator Cineplex Inc <CGX.TO> said on Friday it would sue Cineworld Group Plc <CINE.L>, seeking damages after the British company "wrongfully" scrapped its $1.65 billion buyout deal last month.
Cineworld <CINE.L> on Tuesday delayed the reopening of its cinemas in the United States and Britain until the end of July, citing changes to the release schedules for some of the big summer movies.
Cineworld Group said on Tuesday it would reopen its cinemas in the United States and Britain from Friday 31st July, while following any changes to regulations or guidance from public health officials.
* CINEWORLD GROUP PLC - HAS AGREED WITH A GROUP OF PRIVATE INSTITUTIONAL INVESTORS TERMS OF A NEW $250M SECURED DEBT FACILITY WITH A MATURITY OF 2023 Source text for Eikon: Further company coverage:
Cineplex Inc <CGX.TO> said on Friday it adopted a shareholder rights plan, popularly known as a "poison pill", nearly a week after Britain's Cineworld Group Plc <CINE.L> abandoned its $1.65 billion deal to buy the Canadian theater chain.
* Rival AMC also looking to restart next month (Recasts, adds details on reopenings, shares)
British cinema operator Cineworld Group Plc said on Tuesday that some of its theatres would reopen in the last week of June and expected all of them to reopen by July with safety measures, including enhanced sanitation procedures across all sites.
Britain's Cineworld Group Plc <CINE.L> said on Friday it abandoned its $1.65 billion deal to buy Cineplex Inc <CGX.TO>, citing what it termed the Canadian company's breaches in the merger agreement between the cinema operators.
Britain's Cineworld Group Plc said on Friday it abandoned its deal to buy Canada's Cineplex Inc, citing breaches in the merger agreement between the cinema operators.
* CINEWORLD GROUP PLC - COVID-19 UPDATE AND SUSPENSION OF DIVIDEND
* CO, PICTUREHOUSE ANNOUNCE CLOSURE OF ALL CINEMAS ACROSS UK STARTING FROM 18 MARCH, AND IRELAND STARTING 17 MARCH UNTIL FURTHER NOTICE
AMC Entertainment Holdings Inc said on Tuesday that it would temporarily shut its theaters in a bid to contain the coronavirus spread, joining other major chains Cineplex Inc and Cineworld Group.
* THERE CAN BE NO CERTAINTY AS TO FUTURE IMPACT OF COVID-19 ON GROUP
* CINEWORLD GROUP PLC - NOT OBSERVED ANY MATERIAL IMPACT ON OUR MOVIE THEATRE ADMISSIONS DUE TO COVID-19
Cineworld <CINE.L> will buy Canada's Cineplex <CGX.TO> for $1.65 billion in cash, making the British firm the biggest cinema operator in North America as it looks to tackle increasing competition from online streaming services.
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