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Cineworld Group PLC (CINE.L)

CINE.L on London Stock Exchange

269.20GBp
24 Jan 2019
Change (% chg)

4.40 (+1.66%)
Prev Close
264.80
Open
264.00
Day's High
269.91
Day's Low
263.00
Volume
498,763
Avg. Vol
3,759,300
52-wk High
325.40
52-wk Low
214.31

Latest Key Developments (Source: Significant Developments)

Cineworld Says Alicja Kornasiewicz To Succeed Current Chairman Anthony Bloom In 2020
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Cineworld Group PLC ::CINEWORLD GROUP PLC - BOARD APPOINTMENT.CINEWORLD GROUP PLC - ALICJA KORNASIEWICZ HAS BEEN APPOINTED DEPUTY CHAIR, AND THAT SHE WILL SUCCEED CURRENT CHAIR, ANTHONY BLOOM.CINEWORLD GROUP PLC - ALICJA KORNASIEWICZ WILL SUCCEED CURRENT CHAIR FOLLOWING HIS PLANNED RETIREMENT AT COMPANY'S 2020 ANNUAL GENERAL MEETING.CINEWORLD GROUP PLC - APPOINTMENT OF ALICJA KORNASIEWICZ AS DEPUTY CHAIR OF BOARD WITH IMMEDIATE EFFECT.CINEWORLD GROUP PLC - WILL STEP UP INTO ROLE OF CHAIR OF BOARD AT CONCLUSION OF ANNUAL GENERAL MEETING ("AGM") IN 2020.CINEWORLD GROUP PLC - PRIOR TO AGM IN 2020, ANTHONY AND ALICJA WILL WORK CLOSELY TOGETHER TO ENSURE A SMOOTH HANDOVER.  Full Article

Cineworld Is On Track To Deliver FY Performance In Line With Expectations
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Cineworld Group PLC ::TRADING UPDATE FOR YEAR ENDED 31 DECEMBER 2018..GROUP IS ON TRACK TO DELIVER A PERFORMANCE FOR YEAR IN LINE WITH OUR CURRENT EXPECTATIONS.RECORD 308 MILLION PEOPLE VISITED OUR CINEMAS IN 2018, GENERATING REVENUE GROWTH OF 7.2% ON A PRO-FORMA BASIS.  Full Article

Cineworld Group HY Pro Forma Group Revenue Up 10.8 Pct
Thursday, 9 Aug 2018 

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 

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
Tuesday, 19 Jun 2018 

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 

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 

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 

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 

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 

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 shares slide after it fails to lift outlook despite revenue rise

Cineworld Group Plc reported an 11.6 percent rise in revenue year to date on Thursday but its failure to raise its outlook disappointed some analysts and shares in the cinema operator fell 7 percent.