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Cineworld Group PLC (CINE.L)

CINE.L on London Stock Exchange

258.20GBp
18 Dec 2018
Change (% chg)

-10.60 (-3.94%)
Prev Close
268.80
Open
273.00
Day's High
273.20
Day's Low
257.80
Volume
2,843,403
Avg. Vol
4,367,217
52-wk High
325.40
52-wk Low
210.15

Latest Key Developments (Source: Significant Developments)

Cineworld Group HY Pro Forma Group Revenue Up 10.8 Pct
Thursday, 9 Aug 2018 02:01am EDT 

Aug 9 (Reuters) - Cineworld Group PLC ::H1 OPERATING PROFIT ROSE 218.8 PERCENT TO 207.2 MILLION USD.HY PRO FORMA GROUP REVENUE +10.8%.HY PROFIT BEFORE TAX $160.2M VERSUS $60.5M YEAR AGO.HY ADJUSTED EBITDA $413.6M VERSUS $107.5M YEAR AGO.CONFIDENT OF DELIVERING A PERFORMANCE FOR YEAR AS A WHOLE IN LINE WITH MANAGEMENT'S EXPECTATIONS.  Full Article

Cineworld Says Appoints Renana Teperberg, Camela Galano To Board
Friday, 20 Jul 2018 05:35am EDT 

July 20 (Reuters) - Cineworld Group PLC ::CINEWORLD GROUP PLC ANNOUNCES APPOINTMENTS OF RENANA TEPERBERG AND CAMELA GALANO TO BOARD..RENANA TEPERBERG, CURRENT CHIEF COMMERCIAL OFFICER OF CINEWORLD, WILL JOIN BOARD AS AN EXECUTIVE DIRECTOR.  Full Article

Cineworld, Cinemark To Purchase Remaining Units Of National Cinemedia Held By AMC
Monday, 18 Jun 2018 04:35pm EDT 

June 18 (Reuters) - Cineworld Group PLC ::CINEWORLD AND CINEMARK ANNOUNCE AGREEMENT TO PURCHASE REMAINING UNITS OF NATIONAL CINEMEDIA HELD BY AMC.CINEWORLD GROUP PLC - PURCHASE PRICE FOR 21.5 MILLION REMAINING UNITS IS APPROXIMATELY $156.8 MILLION, REPRESENTING A PRICE OF $7.30 PER UNIT.CINEWORLD GROUP PLC - CINEWORLD AND CINEMARK WILL EACH ACQUIRE HALF OF UNITS AND WILL FUND TRANSACTION WITH AVAILABLE CASH.CINEWORLD GROUP PLC - DEAL WILL BE FINANCIALLY ACCRETIVE TO EACH OF CINEWORLD & CINEMARK.CINEWORLD - DEAL FULFILLS AMC'S REQUIREMENT TO SELL INTEREST IN NCM UNDER CONSENT DECREE WITH U.S. DOJ IN REALTED TO AMC'S CARMIKE CINEMAS ACQUISITION.  Full Article

Cineworld Group Revenue Up 10.1 Pct For Period Jan 1 To May 13
Wednesday, 16 May 2018 02:00am EDT 

May 16 (Reuters) - Cineworld Group PLC ::CINEWORLD GROUP PLC - ON TRACK TO DELIVER A PERFORMANCE FOR YEAR IN LINE WITH OUR CURRENT EXPECTATIONS.CINEWORLD GROUP PLC - FOR PERIOD 1 JANUARY 2018 TO 13 MAY 2018. REVENUE GROWTH OF 10.1% ACHIEVED FOR GROUP ON A PRO-FORMA BASIS.CINEWORLD GROUP PLC - GROUP ADMISSIONS INCREASED BY 1.1% ON A PRO-FORMA BASIS FOR PERIOD 1 JANUARY 2018 TO 13 MAY 2018..CINEWORLD GROUP PLC - NUMBER OF OTHER MAJOR REFURBISHMENTS ARE CURRENTLY ON- GOING IN UK AND REFURBISHMENT PROGRAMME IN US IS EXPECTED TO COMMENCE SHORTLY..  Full Article

Imax And Cineworld Group Sign Agreement To Install New Imax With Laser Experience In 55 Cineworld And Regal Imax Locations
Tuesday, 24 Apr 2018 08:10am EDT 

April 24 (Reuters) - Imax China Holding Inc <1970.HK>::IMAX AND CINEWORLD GROUP SIGN AGREEMENT TO INSTALL NEW IMAX® WITH LASER EXPERIENCE IN 55 CINEWORLD AND REGAL IMAX LOCATIONS.IMAX CORP - CO, CINEWORLD RENEW 12-YEAR LEASE TERMS FOR ALL 55 SITES AND EXPECT ALL IMAX WITH LASER SYSTEMS TO BE INSTALLED BETWEEN 2018 AND 2022.  Full Article

Cineworld ‍Fully Underwritten Rights Issue Raising Proceeds Of 1.7 Bln STG - bookrunner
Wednesday, 17 Jan 2018 02:15am EST 

Jan 17 (Reuters) - Cineworld Group Plc's Bookrunner::‍FULLY UNDERWRITTEN RIGHTS ISSUE RAISING PROCEEDS OF £1.7 BILLION IN CONNECTION WITH PROPOSED ACQUISITION OF REGAL ENTERTAINMENT.‍COMPANY IS PROPOSING TO OFFER 4 NEW ORDINARY SHARES BY WAY OF RIGHTS TO HOLDERS OF CINEWORLD ORDINARY SHARES.  Full Article

Cineworld Group Says FY Revenue Up 11.6 Pct
Wednesday, 17 Jan 2018 02:00am EST 

Jan 17 (Reuters) - Cineworld Group Plc ::FOR YEAR ENDED 31 DECEMBER 2017 - REVENUE GROWTH OF 11.6 PCT ACHIEVED​.‍FY RETAIL REVENUE SHOWED STRONG GROWTH OF 15.6 PCT (11.8 PCT CONSTANT CURRENCY)​.SAYS ‍AFTER A SUCCESSFUL OUTCOME IN 2017 GROUP IS POSITIONED WELL FOR ANOTHER YEAR OF PROGRESS IN 2018​.  Full Article

Regal Entertainment Says Cineworld Deal Includes Termination Fees In Some Situations
Tuesday, 5 Dec 2017 06:38am EST 

Dec 5 (Reuters) - Regal Entertainment Group ::SAYS IF CINEWORLD DEAL TERMINATED UNDER SOME CIRCUMSTANCES SPECIFIED IN AGREEMENT, CO TO HAVE TO PAY CINEWORLD GROUP FEE OF $95.2 MILLION.SAYS TERMINATION FEE TO BE LOWERED TO $36.3 MILLION IF TERMINATION RELATES TO DEAL PROPOSAL SUBMITTED PRIOR TO EXPIRATION OF GO-SHOP PERIOD.SAYS IF DEAL TERMINATED BY EITHER CINEWORLD OR CO, BECAUSE DEAL NOT COMPLETED BY JUNE 5, 2018, OTHER REASONS, CO TO PAY CINEWORLD A FEE OF $75 MILLION.SAYS IF DEAL TERMINATED UNDER CERTAIN CIRCUMSTANCES, CO WILL HAVE TO PAY CINEWORLD GROUP A FEE OF $20.2 MILLION - SEC FILING.  Full Article

Cineworld Group Says Proposed Acquisition Of Regal Entertainment Group
Tuesday, 5 Dec 2017 02:18am EST 

Dec 5 (Reuters) - Cineworld Group Plc ::REACHED AGREEMENT ON TERMS OF A RECOMMENDED PROPOSAL FOR CINEWORLD TO ACQUIRE, FOR CASH, ENTIRE ISSUED SHARE CAPITAL OF REGAL​.‍DEAL COMPLETION IS EXPECTED TO OCCUR DURING Q1 OF 2018​.SAYS ACQUISITION PRICE OF US$23.00 PER REGAL SHARE VALUES ENTIRE ISSUED AND TO BE ISSUED SHARE CAPITAL OF REGAL AT US$3.6 BLN.DEAL COMPLETION IS EXPECTED TO OCCUR DURING Q1 OF 2018​. CO'S RETURN ON INVESTED CAPITAL ASSOCIATED WITH ACQUISITION EXPECTED TO MEET ITS COST OF CAPITAL IN FIRST FULL YEAR AFTER COMPLETION​.SAYS DEAL FOR IMPLIED ENTERPRISE VALUE OF US$5.8 BLN.CO'S BOARD EXPECTS TO BE ABLE TO MAINTAIN CO'S EXISTING DIVIDEND POLICY AFTER COMPLETION.SAYS EXPECTS AFTER DEAL ENLARGED GROUP WILL BE ABLE TO ACHIEVE ANNUALISED PRE-TAX COMBINATION BENEFITS OF US$100 MLN.DEAL TO BE FUNDED BY PROCEEDS OF RIGHTS ISSUE BY CINEWORLD AND PART OF ABOUT $4.0 BLN TO BE RAISED THROUGH COMMITTED DEBT FACILITIES​.  Full Article

Cineworld says in advanced discussions with Regal Entertainment ​
Wednesday, 29 Nov 2017 02:27am EST 

Nov 29 (Reuters) - CINEWORLD GROUP PLC ::POSSIBLE OFFER FOR REGAL ENTERTAINMENT GROUP.POSSIBLE OFFER FOR REGAL ENTERTAINMENT GROUP.‍BOARD OF CINEWORLD NOTES PRESS SPECULATION REGARDING POTENTIAL ACQUISITION OF REGAL, CONFIRMS THAT IT IS IN ADVANCED DISCUSSIONS WITH REGAL​.  Full Article

UPDATE 2-Cineworld shares slide after it fails to lift outlook despite revenue rise

* Says plans to integrate U.S. chain Regal progressing well (Adds analyst's comment, updates shares)