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
- 03 Jan 2014 19:01
- 122 of 501
Good to hear ExecLine.
dreamcatcher
- 03 Jan 2014 19:07
- 123 of 501
Ps, have you looked at the company site for the special offers. You sound like a regular goer. ie buy the tickets on line for a 10% discount, will all help to buy a box of popcorn. :-))
dreamcatcher
- 08 Jan 2014 22:40
- 125 of 501
8 Jan Numis 450.00 Add
dreamcatcher
- 10 Jan 2014 07:15
- 126 of 501
dreamcatcher
- 10 Jan 2014 14:47
- 127 of 501
Up 11%
dreamcatcher
- 10 Jan 2014 14:57
- 128 of 501
Broker snap: Panmure unsure about Cineworld's CCI deal
Fri, 10 January 2014
Panmure Gordon has maintained it 'sell' rating for cinema operator Cineworld after the company's proposed offer for Poland-listed, Dutch-headquartered Cinema City International (CCI).
The offer, which gives CCI an enterprise value (EV) on a debt- and cash-free basis of £503m, would be part-funded by a £110m rights issue at 230p a share.
CCI is said to have leading positions in emerging markets such as Slovakia, Bulgaria, Hungary as well as Israel and Poland.
"At first glance we struggle to see the logic for the acquisition given management’s insistence on the substantial growth opportunities available in the UK and the group’s failure to complete its proposed acquisition in Spain," Panmure said.
The broker maintained its 260p target price for Cineworld, which represents significant downside to the 426.8p share price on Friday morning, up 8.88% on the day.
"With another difficult year of trading ahead (disposal of three Picturehouse sites, World Cup impact in June and July, and uninspiring film slate) and now a significant acquisition of questionable logic which introduces higher risk into the investment proposition, we struggle to see many attractions for owning the stock."
dreamcatcher
- 13 Jan 2014 18:32
- 129 of 501
13 Jan Numis 500.00 Add
13 Jan N+1 Singer 500.00 Buy
dreamcatcher
- 17 Jan 2014 18:00
- 130 of 501
A buy in this weeks IC, they see more upside.
dreamcatcher
- 14 Feb 2014 07:13
- 131 of 501
Results of Rights Issue
RNS
RNS Number : 0654A
Cineworld Group plc
14 February 2014
Cineworld Group plc (the "Company")
Results of Rights Issue
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, NEW ZEALAND, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.
The Company today announces that the 8 for 25 Rights Issue of 47,965,465 Rights Issue Shares at 230 pence per Rights Issue Share announced on 10 January 2014 closed for acceptances at 11.00 a.m. (London time) on 13 February 2014. The Company received valid acceptances in respect of 45,888,270 Rights Issue Shares, representing approximately 95.67 per cent. of the total number of Rights Issue Shares offered to Qualifying Shareholders pursuant to the fully underwritten Rights Issue.
It is expected that the Rights Issue Shares in uncertificated form will be credited to CREST accounts as soon as practicable after 8.00 a.m. on 14 February 2014 and that definitive share certificates in respect of Rights Issue Shares in certificated form will be dispatched to Shareholders by no later than the week commencing 24 February 2014.
It is expected that the Rights Issue Shares will commence trading, fully paid, on the London Stock Exchange's main market for listed securities by 8.00 a.m. on 14 February 2014.
In accordance with their obligations as Joint Bookrunners in respect of the Rights Issue as set out in the combined prospectus and circular dated 10 January 2014 (the "Prospectus"), J.P. Morgan Securities plc, Barclays Bank PLC and Investec Bank plc will endeavour to procure subscribers for the remaining 2,077,195 Rights Issue Shares not validly taken up in the Rights Issue, failing which JP Morgan Securities plc, Barclays Bank PLC and Investec Bank plc, acting as Underwriters, have agreed to acquire, on a several basis, any remaining Rights Issue Shares.
The net proceeds from the placing of such Rights Issue Shares (after the deduction of the Issue Price of 230 pence per Rights Issue 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 will not be paid to such persons but will be paid to the Company.
A further announcement as to the number of Rights Issue Shares for which subscribers have been procured will be made in due course.
Following the allotment of the Rights Issue Shares to reflect the receipt of valid acceptances, the Company's issued share capital will consist of 195,780,349 ordinary shares of one pence each. The Company holds no ordinary shares in treasury. Therefore, as at 14 February 2014, the total number of voting rights in the Company is 195,780,349. 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 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 Power Road Studios, 114 Power Road, Chiswick, London W4 5PY
dreamcatcher
- 06 Mar 2014 07:19
- 132 of 501
Final Results
Other key highlights
· Group box office market share of 27.4% (2012: 26.4%) in UK and Ireland (Rentrak) with Cineworld Cinemas' market share up 0.7 percentage points to 25.4% (2012: 24.7%);
· Group admissions 1.4% higher than 2012 on a pro-forma basis(3);
· Average ticket price per admission up 2.8% to £5.43 (2012: £5.28) with higher average retail spend per person at £1.83 (2012: £1.73);
· EBITDA up 8.1% to £72.3m (2012: £66.9m)
· Full year dividend of 10.1p per share which represents a 6.3% growth in cash dividend for those shareholders which took up their rights as part of the rights issue on 14 February 2014;
· Opening of a nine screen cinema in Wembley, a new ten screen cinema in Gloucester Quay and the reopening of the Glasgow Science Centre IMAX as a Cineworld Cinema;
· Nine new Starbucks outlets opened in year bringing total to 11;
· On 10 January 2014, Cineworld Group announced the combination with the cinema assets of Cinema City International N.V. ("CCI") which completed on 27 February 2014.
http://www.moneyam.com/action/news/showArticle?id=4767766
dreamcatcher
- 03 Apr 2014 20:54
- 133 of 501
Cineworld in IMAX expansion
By Jamie Nimmo
April 03 2014, 1:05pm
Cineworld in IMAX expansion
Cinema operator Cineworld (LON:CINE) has become IMAX’s largest European partner after bolstering its portfolio with another 11 IMAX theatres.
Eight new IMAX screens will be installed in existing Cineworld cinemas in the UK and another three to theatres in Central Europe and Israel following the deal for Cinema City completed earlier this year.
Cineworld now has 35 IMAX cinemas, making it IMAX’s largest partner in Europe.
Chief executive Mooky Greidinger said: “We put our customers at the heart of everything we do and our IMAX expansion is a direct result of giving our customers more of what they want - the biggest blockbusters in the world's most immersive format.
“As we enter a new chapter of our evolution, we are excited to grow our partnership with IMAX and continue to leverage the power of The IMAX Experience® as the premium offering in our combined portfolio and a key differentiator that will help us seize the growth opportunities that we see throughout Europe.”
The shares edged up 2p to 302p, but have fallen 20% this year.
dreamcatcher
- 25 Apr 2014 20:26
- 134 of 501
Cineworld Group Director Deals
25/04/2014 BUY Mooky Greidinger CEO 333,368
25/04/2014 BUY Mooky Greidinger CEO 48,090
25/04/2014 BUY Israel Greidinger ED 333,368
25/04/2014 BUY Israel Greidinger ED 48,090
24/04/2014 BUY Mooky Greidinger CEO 400,000
dreamcatcher
- 25 Apr 2014 20:45
- 135 of 501
Sharecast -
Cineworld's newest board members stock up
Fri, 25 April 2014
Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group.
He paid 302.63p a share spending a total of £145,535.
Chief Operating Officer, Israel Greidinger, matched his purchase with his own.
Both joined the board when Cineworld acquired Cinema City International (CCI), which has cinemas across seven countries, earlier this year.
Mooky, who had held the role of CEO at CCI, replaced Steve Wiener as CEO when he stepped down after 18 years with Cineworld. Israel was the Finance Officer at CCI.
dreamcatcher
- 26 Apr 2014 09:06
- 137 of 501
The directors look like they have good confidence with the 300, 000 and 400, 000 purchases. Followed their purchases Chris ( Not as many :-)) ) Thanks for your info Chris.
skinny
- 26 Apr 2014 12:45
- 138 of 501
Interesting chart chaps!
Chris Carson
- 01 May 2014 14:52
- 139 of 501
Chugging along albeit on low volume DC.
dreamcatcher
- 01 May 2014 15:03
- 140 of 501
Chris,
The Greidinger brothers have spent £2.3 million since April 16. Just reading in Shares they are unknown to the UK investor market. So they must show it can continue Cineworlds historical track record of solid growth. Its because of these new risks, together with deeply discounted rights issue to fund the acquisition of the new assets that the share price has been weak.
Also there are foreign currency issues to consider.
Mooky Greidinger - CEO
Israel Greidinger - Executive director