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Cineworld (CINE)     

dreamcatcher - 18 Aug 2012 13:13



Cineworld Group plc was founded in 1995 and is now one of the leading cinema groups in Europe. Originally a private company, it re-registered as a public company in May 2006 and listed on the London Stock Exchange in May 2007. Currently, Cineworld Group plc is the only quoted UK cinema business.
In December 2012, the Group acquired the Picturehouse chain of cinemas consisting of 21 cinemas, and in February 2014, the combination with Cinema City completed, creating the second largest cinema business in Europe (by number of screens). The enlarged Group now has 217 sites and a total of 2,000 fully digital screens. Our portfolio includes four out of the ten highest grossing cinemas in the UK and Ireland. We pride ourselves on outstanding picture quality and atmospheric surround sound; the soft, deep-down comfort of our modern seating; the crunch of our popcorn; and, most importantly, the friendliest customer service around. All our sites are digital, and we are one of the market leaders in 3D, a format which will become increasingly important.
In 2014, Cineworld accounted for 82.9 million admissions, had revenues of £619.4 million and an Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) before exceptional items of £126.6 million.

dreamcatcher - 16 Feb 2018 18:27 - 485 of 501

Feed the fish !!!!!!! :-))

cynic - 17 Feb 2018 07:55 - 486 of 501

wake up chaps ..... much of that "fall" is due to the 4:1 rights issue at 157

dreamcatcher - 20 Feb 2018 19:32 - 487 of 501

Results of Rights Issue
RNS
RNS Number : 3279F
Cineworld Group plc
20 February 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, JAPAN, AUSTRALIA, HONG KONG OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT IS AN ADVERTISEMENT AND NOT A PROSPECTUS AND THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS, ANY OFFER, INVITATION OR RECOMMENDATION TO PURCHASE, SELL OR SUBSCRIBE FOR ANY SECURITIES IN ANY JURISDICTION AND NEITHER THE ISSUE OF THE INFORMATION NOR ANYTHING CONTAINED HEREIN SHALL FORM THE BASIS OF OR BE RELIED UPON IN CONNECTION WITH, OR ACT AS AN INDUCEMENT TO ENTER INTO, ANY INVESTMENT ACTIVITY. ANY DECISION TO PURCHASE, SUBSCRIBE FOR, OTHERWISE ACQUIRE, SELL OR OTHERWISE DISPOSE OF ANY SECURITIES MUST BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN AND INCORPORATED BY REFERENCE INTO THE PROSPECTUS
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT
FOR IMMEDIATE RELEASE
20 February 2018
CINEWORLD GROUP PLC
RESULTS OF RIGHTS ISSUE
Cineworld Group plc ("Cineworld" or the "Company") today announces that the 4 for 1 Rights Issue at 157 pence per New Ordinary Share announced on 17 January 2018 closed for acceptances at 11.00 a.m. (London time) on 19 February 2018. The Company received valid acceptances in respect of 1,055,322,013 New Ordinary Shares, representing approximately 96.31 per cent. of the total number of New Ordinary Shares offered to Qualifying Shareholders pursuant to the fully underwritten Rights Issue.
It is expected that the New Ordinary Shares in uncertificated form will be credited to CREST accounts as soon as practicable after 8.00 a.m. on 20 February 2018 and that definitive share certificates in respect of the New Ordinary Shares in certificated form will be despatched by post by no later than 27 February 2018.
It is expected that the New Ordinary Shares will commence trading, fully paid, on the London Stock Exchange's main market for listed securities at 8.00 a.m. on 20 February 2018.
Following the Rights Issue closing for acceptances, the Company is pleased to announce that it currently expects Completion to occur after market hours (London time) on 28 February 2018 and that Re-admission will occur at 8.00am on 1 March 2018.
In accordance with their obligations as Underwriters in respect of the Rights Issue as set out in the combined prospectus and class 1 circular dated 17 January 2018 (the "Prospectus"), Barclays Bank PLC, HSBC Bank plc and Investec Bank plc will use reasonable endeavours to procure subscribers for the remaining 40,383,167 New Ordinary Shares not taken up in the Rights Issue, failing which Barclays Bank PLC, HSBC Bank plc and Investec Bank plc have agreed to subscribe, on a several basis, for any remaining New Ordinary Shares.
The net proceeds from the placing of such New Ordinary Shares (after the deduction of the Rights Issue Price of 157 pence per New Ordinary Share and the expenses of procuring subscribers including any applicable brokerage and commissions and amounts in respect of VAT which are not recoverable, if any) will be paid (without interest) to those persons whose rights have lapsed in accordance with the terms of the Rights Issue, pro rata to their lapsed provisional allotments, save that individual amounts of less than £5.00 will not be paid to such persons but will be paid to the Company.
A further announcement as to the number of New Ordinary Shares for which subscribers have been procured will be made in due course.
Following the allotment of the New Ordinary Shares to reflect the receipt of valid acceptances, the Company has 1,329,248,308 fully paid ordinary shares of one pence each in issue. The Company holds no ordinary shares in treasury. Therefore, as at 20 February 2018, the total number of voting rights in the Company is 1,329,248,308. This figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.
Capitalised terms used in this announcement have the meanings given to them in the Prospectus, which is available on the Company's website (www.cineworldplc.com) and may be inspected at the registered office of the Company at 8th Floor, Vantage London, Great West Road, Brentford TW8 9AG during normal business hours on any Business Day up to and including the date of Re-admission.

dreamcatcher - 22 Feb 2018 17:31 - 488 of 501

Broker Forecast - Berenberg issues a broker note on Cineworld Group PLC
BFN
Berenberg today reaffirms its buy investment rating on Cineworld Group PLC (LON:CINE) and cut its price target to 300p (from 700p).

Story provided by StockMarketWire.com

Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 14 Mar 2018 15:32 - 489 of 501

Proactive investor - Cineworld and Savills financial results in the spotlight for Thursday

12:30 14 Mar 2018
Investors will be looking to Cineworld for news of asset integration, whereas for Savills results the attention will be on its battle for market share.

Cineworld acquired US movie theater chain Regal Entertainment earlier this year
Investors will naturally have a keen interest in the ongoing integration of the recently acquired Regal Entertainment business when Cineworld PLC (LON:CINE) reports full-year numbers on Thursday, though, according to Deutsche Bank analyst James Wheatcroft, financial results statement will be too soon for a “meaningful” update.
Wheatcroft, in a preview note, highlighted that investors in the cinema group will also have a significant interest in the US box-office trends which he believes are “encouraging”.

“We think performance in the 'old' CINE estate is likely to remain backstage simply due to the likely solid performance and greater interest in the better understanding Regal,” the analyst said.
Given the group’s current post-acquisition situation financial comparators will likely be tenuous, but, of course, not irrelevant.

dreamcatcher - 15 Mar 2018 08:04 - 490 of 501

Preliminary results

· Group revenue growth of 11.6% on a statutory basis and 8.0% on a constant currency basis(1):
· Solid UK and Ireland revenue growth of 6.2%.
· Strong ROW(5) revenue growth of 20.5% on a statutory basis and 10.7% on a constant currency basis.
· Adjusted diluted EPS (before rights adjustment) increased by 12.1% to 38.9p (2016: 34.7p).
· The Group maintained its dividend pay-out ratio for another year, increasing the full year cash dividend paid by 14.5%(6).
· Cash generated from operating activities of £184.8m.
· Net debt reduced to £278.3m and Adjusted EBITDA to net debt ratio reduced to 1.4 times.

Operational Highlights

· Group admissions growth of 3.5% to 103.8m.
· Acquisition of 16 screen Empire Newcastle site completed.
· Nine new site openings, four in the UK and five in the ROW, adding 109 screens, bringing the total number of screens to 2,217 at 31 December 2017.
· Six major refurbishments completed in 2017, four in the UK and two in the ROW.
· Leading technological innovation with two new IMAX screens and 11 new 4DX screens.
· Announcement in December and completion on 28 February 2018 of the acquisition of Regal Entertainment Group ("Regal"), making Cineworld the second largest cinema chain in the world (by number of screens).

dreamcatcher - 15 Mar 2018 15:16 - 491 of 501

15 Mar
Numis
328.00
Buy
15 Mar
Peel Hunt
270.00
Buy

dreamcatcher - 29 Mar 2018 18:45 - 492 of 501

08:20 29/03/2018
Broker Forecast - Citigroup issues a broker note on Cineworld Group PLC
Citigroup today reaffirms its buy investment rating on Cineworld Group PLC (LON:CINE) and set its price target at 270p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 16 May 2018 07:07 - 493 of 501

Trading statement

dreamcatcher - 09 Aug 2018 15:57 - 494 of 501

Half year report

Operational Highlights
· Following the acquisition of Regal, Cineworld is now the second largest cinema chain in the world (by number of screens);
· 6 new sites (56 screens) were opened during the period, taking the Group to 9,542 screens at 30 June 2018;
· 12 further sites, 111 screens, openings are planned for the second half of 2018;
· Significant new agreements were signed with IMAX (55 screens), 4DX (80 screens) and ScreenX (100 screens);
· Refurbishment programme progressing well across the estate, creating high quality, next generation cinemas with the latest audio and visual technology; and
· Integration plans for Regal are progressing well, further integration benefit opportunities being reviewed by management.

dreamcatcher - 09 Aug 2018 17:16 - 495 of 501

9 Aug
Numis
N/A
Buy
9 Aug
Peel Hunt
320.00
Add

dreamcatcher - 17 Aug 2018 20:31 - 496 of 501

10:10 17/08/2018
Broker Forecast - JP Morgan Cazenove issues a broker note on Cineworld Group PLC
JP Morgan Cazenove today reaffirms its overweight investment rating on Cineworld Group PLC (LON:CINE) and raised its price target to 330p (from 310p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 29 Aug 2018 19:45 - 497 of 501

09:50 29/08/2018
Broker Forecast - JP Morgan Cazenove issues a broker note on Cineworld Group PLC
JP Morgan Cazenove today reaffirms its overweight investment rating on Cineworld Group PLC (LON:CINE) and raised its price target to 340p (from 330p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 11 Sep 2018 12:34 - 498 of 501

11 Sep
HSBC
370.00
Buy

dreamcatcher - 24 Oct 2018 15:52 - 499 of 501

09:10 24/10/2018
Broker Forecast - Barclays Capital issues a broker note on Cineworld Group PLC
Barclays Capital today downgrades its investment rating on Cineworld Group PLC (LON:CINE) to equal weight (from overweight) and cut its price target to 305p (from 310p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk

dreamcatcher - 15 Nov 2018 07:08 - 500 of 501

Trading update

dreamcatcher - 16 Jan 2019 07:06 - 501 of 501

Trading update
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