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Cineworld Group PLC (CINE.L)

CINE.L on London Stock Exchange

309.80GBp
21 Sep 2018
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Latest Key Developments (Source: Significant Developments)

CJ 4DPLEX, Cineworld Expand Partnership For 4DX Technology In U.S. And EMEA
Monday, 23 Apr 2018 07:46pm EDT 

April 23 (Reuters) - Cineworld Group PLC ::CJ 4DPLEX - CO AND CINEWORLD GROUP PLC HAVE EXPANDED THEIR PARTNERSHIP TO BRING 4DX TECHNOLOGY TO THEATRES ACROSS U.S. AND EMEA REGIONS.  Full Article

Cineworld Group Says FY Operating Profit Up 13.7 Pct To 128.2 Mln Pounds
Thursday, 15 Mar 2018 03:01am EDT 

March 15 (Reuters) - Cineworld Group Plc ::FY REVENUE 890.7 MILLION STG.FINAL DIVIDEND 15.4 PENCEPER SHARE.FY OPERATING PROFIT ROSE 13.7 PERCENT TO 128.2 MILLION STG.‍FY ADJUSTED EBITDA OF £198.2 MILLION VERSUS £175.8 MILLION YEAR AGO​.FY ‍OVERALL ADMISSIONS INCREASED BY 3.5%, AND AVERAGE TICKET PRICING INCREASED ON A CONSTANT CURRENCY BASIS TO £5.33​.OVERALL INCREASE IN TOTAL BOX OFFICE REVENUES OF 6.4% IN FY.  Full Article

Cineworld Group Completes Acquisition Of Regal Entertainment Group​
Wednesday, 28 Feb 2018 12:07pm EST 

Feb 28 (Reuters) - Cineworld Group Plc ::ANNOUNCES COMPLETION OF ACQUISITION OF REGAL ENTERTAINMENT GROUP.​.  Full Article

Cineworld Says Remaining Shares Sold In Rump Placing
Tuesday, 20 Feb 2018 09:39am EST 

Feb 20 (Reuters) - CINEWORLD GROUP PLC ::RESULTS OF RUMP PLACING.BANKS PROCURED SUBSCRIBERS FOR 40,383,167 SHARES FOR WHICH VALID ACCEPTANCES WERE NOT RECEIVED, REPRESENTING ABOUT 3.69 PERCENT OF TOTAL NEW SHARES​.‍BARCLAYS BANK PLC, HSBC BANK PLC AND INVESTEC BANK PLC PROCURED AT A PRICE OF 238 PENCE PER NEW ORDINARY SHARE​.  Full Article

Cineworld Group Updates On ‍Results Of Rights Issue​
Tuesday, 20 Feb 2018 02:00am EST 

Feb 20 (Reuters) - Cineworld Group Plc ::CINEWORLD GROUP PLC - ‍RESULTS OF RIGHTS ISSUE​.CINEWORLD GROUP PLC - 4 FOR 1 RIGHTS ISSUE AT 157 PENCE PER NEW ORDINARY SHARE ANNOUNCED ON 17 JJAN CLOSED FOR ACCEPTANCES AT 11.00 A.M) ON 19 FEB 2.CINEWORLD GROUP PLC - RECEIVED VALID ACCEPTANCES IN RESPECT OF 1,055,322,013 NEW ORDINARY SHARES, REPRESENTING APPROXIMATELY 96.31 PER CENT.CINEWORLD GROUP PLC - IT CURRENTLY EXPECTS COMPLETION TO OCCUR AFTER MARKET HOURS (LONDON TIME) ON 28 FEBRUARY 2018.  Full Article

Cineworld Says Takeover Target Regal's Largest Investor Backs Deal
Friday, 2 Feb 2018 12:44pm EST 

Feb 2 (Reuters) - CINEWORLD GROUP PLC ::‍ANSCHUTZ CORP, LARGEST SHAREHOLDER OF REGAL ENTERTAINMENT DELIVERED ITS WRITTEN CONSENT TO APPROVE ACQUISITION OF REGAL BY CO​.‍ALL COMPANY AND REGAL SHAREHOLDER APPROVALS NECESSARY TO PROCEED WITH TRANSACTION HAVE NOW BEEN RECEIVED​.‍COMPLETION OF ACQUISITION IS CURRENTLY EXPECTED TO OCCUR ON OR PRIOR TO 2 MARCH 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

Regal Entertainment ‍Confirmed That It Is Currently Engaged In Discussions With Cineworld Group About A Possible All-Cash Acquisition​
Tuesday, 28 Nov 2017 05:28pm EST 

Nov 28 (Reuters) - Cineworld Group Plc ::REGAL ENTERTAINMENT GROUP - ‍CONFIRMED THAT IT IS CURRENTLY ENGAGED IN DISCUSSIONS WITH CINEWORLD GROUP PLC ABOUT A POSSIBLE ALL-CASH ACQUISITION​.REGAL ENTERTAINMENT GROUP - NO AGREEMENT HAS BEEN REACHED WITH CINEWORLD GROUP.REGAL ENTERTAINMENT - ‍CONFIRMED CURRENTLY ENGAGED IN DISCUSSIONS WITH CINEWORLD GROUP PLC ABOUT POSSIBLE ACQUISITION OF REGAL AT PRICE OF $23 PER SHARE​.  Full Article

Cineworld posts half-year revenue rise on strong U.S. ticket sales

Aug 9 Cinema operator Cineworld Group Plc posted on Thursday a 10.8 percent rise in half-year revenue, helped by strong U.S. sales backed by big-ticket releases such as "Avengers: Infinity War" "Black Panther".