CINEWORLD GROUP PLC
PUBLICATION OF CLASS 1 CIRCULAR
24 January 2020
Further to the announcement by Cineworld Group plc (the "Company") on 16 December 2019, the Financial Conduct Authority has approved a class 1 circular dated 24 January 2020 (the "Circular") in connection with the Company's proposed acquisition of Cineplex Inc. (the "Acquisition").
The Circular is available on the Company's website (www.cineworldplc.com) or it can 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 Completion.
A copy of the Circular will be submitted to the National Storage Mechanism and will shortly be available for inspection at www.morningstar.co.uk/uk/NSM.
For further details please contact:
Cineworld Group plc |
|
Israel Greidinger |
+44 (0) 20 8987 5000 |
BofA Securities (Joint Lead Financial Adviser) |
|
Patrick Ramsey |
+44 (0) 20 7628 1000 |
HSBC Bank plc (Joint Lead Financial Adviser) |
|
Anthony Parsons |
+44 (0) 20 7991 8888 |
|
|
Christoph Stanger |
+44 (0) 20 7774 1000 |
|
|
Finsbury (PR Adviser) |
Cineworld@finsbury.com |
James Leviton (Europe) Rob Allen |
+44 (0) 20 7251 3801 |
About Cineworld Group plc
Cineworld Group plc was founded in 1995 and listed its shares on the London Stock Exchange in May 2007. The Company has grown through expansion and by acquisition to become the second largest cinema chain worldwide, holding the number one or number two position by number of screens in each of its regions. As at 1 December 2019, Cineworld operated 9,498 screens across 786 sites in the US, UK, Ireland, Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania and Israel.
IMPORTANT NOTICE
THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY. NOTHING IN THIS ANNOUNCEMENT SHALL CONSTITUTE AN OFFER OR INVITATION TO UNDERWRITE, BUY, SUBSCRIBE, SELL OR ISSUE OR THE SOLICITATION OF AN OFFER TO BUY, SELL, ACQUIRE, DISPOSE OR SUBSCRIBE FOR ANY SECURITIES. COPIES OF THE CIRCULAR WILL BE AVAILABLE ON PUBLICATION FROM THE COMPANY'S REGISTERED OFFICE AND THE COMPANY'S WEBSITE: WWW.CINEWORLDPLC.COM
The defined terms set out in the Circular apply in this announcement.
The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change.
Copies of the Circular may be obtained at no cost from the Company, the Company's Registrar, Link Asset Services, or through the website of the Company at www.cineworldplc.com.
The contents of this announcement have been prepared by and are the sole responsibility of Cineworld.
Each of Merrill Lynch International, HSBC Bank plc and Goldman Sachs International is authorised by the Prudential Regulation Authority and regulated in the United Kingdom by the Financial Conduct Authority and the Prudential Regulation Authority. Each of Merrill Lynch International, HSBC Bank plc and Goldman Sachs International is acting exclusively for Cineworld and no one else in connection with the Acquisition or any other matter referred to in this announcement and will not be responsible to anyone other than Cineworld for providing the protections afforded to their respective clients nor for providing advice in relation to the Acquisition or any other matter referred to in this announcement. None of Merrill Lynch International, HSBC Bank plc, Goldman Sachs International nor any of their respective subsidiaries, branches, affiliates or associates owes or accepts any duty, liability or responsibility whatsoever (whether direct, indirect or consequential, whether in contract, in tort, under statute or otherwise, including negligence) to the extent permitted by applicable law, to any person who is not a client of Merrill Lynch International, HSBC Bank plc or Goldman Sachs International in connection with this announcement, any statements contained herein or their preparation or otherwise.
This announcement does not constitute, and should not be construed as, an offer to purchase or sell or issue securities, or otherwise constitute an inducement, invitation, commitment, solicitation or recommendation to any person to purchase, subscribe for, or otherwise acquire securities in Cineworld or any of its affiliates, or constitute an inducement to enter into any investment activity in any jurisdiction. Nothing contained in this announcement is intended to, nor shall it, form the basis of, or be relied on in connection with, any contract or commitment whatsoever and, in particular, must not be used in making any investment decision.
Neither the content of Cineworld's website (or any other website) nor any website accessible by hyperlinks on Cineworld's website (or any other website) is incorporated in, or forms part of, this announcement.
Save as required by the Market Abuse Regulation, the Disclosure Guidance and Transparency Rules, the Listing Rules or by applicable law, each of Cineworld, Merrill Lynch International, HSBC Bank plc, Goldman Sachs International and their respective affiliates expressly disclaims any intention, obligation or undertaking to update, review or revise any of the information or the conclusions contained herein, or to correct any inaccuracies which may become apparent whether as a result of new information, future developments or otherwise.
The person responsible for arranging the release of this announcement is Fiona Smith, Company Secretary of Cineworld.
LEI: 213800J2J3TOOI176M73
OAM: 3.1 (Additional regulated information required to be disclosed under the laws of a Member State)