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United Kingdom

Cineworld Group PLC (CINE.L)

CINE.L on London Stock Exchange

308.60GBp
24 May 2019
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Latest Key Developments (Source: Significant Developments)

Cineworld Group Says Total Revenue Fell 9.4% For Period 1 Jan 2019 To 12 May 2019
Wednesday, 15 May 2019 

May 15 (Reuters) - Cineworld Group PLC ::CINEWORLD GROUP PLC SAYS GROUP IS ON TRACK TO PERFORM IN LINE WITH OUR EXPECTATIONS FOR YEAR.AS ANTICIPATED, REVENUE PERFORMANCE SOFTER DURING PERIOD 1 JANUARY 2019 TO 12 MAY 2019 DUE TO DIFFERENCE IN TIMING OF MAJOR RELEASES.SAYS FOR THE PERIOD 1 JAN 2019 TO 12 MAY 2019, BOX OFFICE REVENUE FELL 13.1% ON PRO-FORMA BASIS.SAYS FOR THE PERIOD 1 JAN 2019 TO 12 MAY 2019, TOTAL REVENUE FELL 9.4% ON PRO-FORMA BASIS.  Full Article

Cineworld Group Says Sale And Leaseback Of 17 US-Based Cinemas for $286.3 Mln
Wednesday, 15 May 2019 

May 15 (Reuters) - Cineworld Group PLC ::SAYS SALE AND LEASEBACK OF 17 US-BASED CINEMAS.CINEWORLD GROUP - CO IS SELLING CINEMAS TO SUBSIDIARIES OF REALTY INCOME CORPORATION FOR CASH CONSIDERATION OF US$ 286.3 MILLION.CINEWORLD GROUP -IN DISCUSSIONS WITH SEPARATE PARTY ON POTENTIAL SALE AND LEASEBACK DEAL INVOLVING 18 US-BASED MULTI-SCREEN CINEMAS .CINEWORLD GROUP PLC <<>> SAYS INTEGRATION OF REGAL IS ON PLAN.CINEWORLD GROUP PLC <<>> SAYS ON TRACK TO DELIVER ON OUR SYNERGY PLANS FOR 2019 .CINEWORLD GROUP PLC <<>> SAYS INTENDS TO USE PROCEEDS FROM DEAL WITH REALTY INCOME TO REDUCE NET DEBT .CINEWORLD GROUP -BOARD WILL ACTIVELY CONSIDER RETURNING FUTURE PROCEEDS TO SHAREHOLDERS IN FORM OF A SPECIAL DIVIDEND.CINEWORLD GROUP -DEAL WITH SEPARATE PARTY TO BE ON SIMILAR CONSIDERATION AND ON SIMILAR TERMS TO TRANSACTION WITH REALTY INCOME.CINEWORLD GROUP PLC- CO IS SELLING CINEMAS TO SUBSIDIARIES OF REALTY INCOME CORPORATION FOR CASH CONSIDERATION OF US$ 286.3 MLN.  Full Article

Cineworld Says On Track To Deliver FY Performance In Line With Expectations
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Cineworld Group PLC ::REMAINS ON TRACK TO DELIVER A PERFORMANCE FOR YEAR IN LINE WITH CURRENT EXPECTATIONS.REVENUE GROWTH OF 11.6% ACHIEVED FOR GROUP ON A PRO-FORMA BASIS FOR PERIOD 1 JANUARY TO 11 NOVEMBER.STRENGTH IN U.S. MARKET WAS SUPPORTED BY SUCCESS OF "BLACK PANTHER" AND "AVENGERS: INFINITY WAR" IN FIRST HALF OF YEAR.STRENGTH IN U.S. MARKET WAS SUPPORTED BY SUCCESS OF "MISSION: IMPOSSIBLE FALLOUT", "ANT-MAN AND WASP" AND "VENOM" IN H2.  Full Article

CJ 4DPLEX, Cineworld Expand Partnership For 4DX Technology In U.S. And EMEA
Tuesday, 24 Apr 2018 

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 

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 

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 

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 

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 

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 

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 to sell, leaseback some U.S. cinemas

British cinema operator Cineworld Group Plc said on Wednesday it signed a deal to sell and lease back U.S.-based multi-screen cinemas to units of Realty Income Corp.