Regulatory Clearance

RNS Number : 0280A
Cineworld Group plc
13 February 2014
 



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.

 

13 February 2014

 

Cineworld Group plc (the "Company")

 

Proposed Combination of Cineworld with the Cinema Operations of Cinema City

International N.V.

 

Regulatory Clearance

 

The Company is pleased to announce that it received notification today that the President of the Office of Competition and Consumer Protection in Poland cleared on 11 February 2014 the Company's proposed combination with the cinema business of Cinema City International N.V. ("CCI") by means of an acquisition of the shares in Cinema City Holding B.V. (the "Combination").

 

The Combination was announced on 10 January 2014 and approved by the Company's shareholders on 29 January 2014. A meeting of CCI's shareholders will be held on 24 February 2014 at which a resolution will be proposed to approve the Combination. Subject to the satisfaction of the other conditions to Completion, Completion is expected to occur within two weeks of CCI shareholder approval.

 

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.

 

For further details please contact:

 

Cineworld Group PLC

Philip Bowcock, Chief Financial Officer

 

+44 (0)20 8987 5000

Bell Pottinger (Public Relations Adviser to Cineworld)

Elly Williamson / Charlotte Offredi

 

+44 (0) 20 7861 2840

 

 

DISCLAIMER

 

This announcement is an advertisement and not a prospectus. Investors or potential investors should not subscribe for or otherwise acquire any Rights Issue Shares except on the basis of information in the Prospectus. Copies of the Prospectus are available from the registered office of the Company at Power Road Studios, 114 Power Road, Chiswick, London W4 5PY.

 

This announcement does not constitute an offer to sell or the solicitation of an offer to purchase any securities in any jurisdiction in which such offer or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. In particular, the information contained herein is not for publication or distribution, directly or indirectly, in or into Australia, Canada, New Zealand or the United States. No public offering of the Provisional Allotment Letters, the Nil Paid Rights, the Fully Paid Rights or the Rights Issue Shares is being made in any such jurisdiction. The Provisional Allotment Letters, the Nil Paid Rights, the Fully Paid Rights and the Rights Issue Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act") or under any securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, or otherwise transferred, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States.

 

The distribution of this announcement into jurisdictions other than the United Kingdom may be restricted by law, and, therefore, persons into whose possession this announcement comes should inform themselves about and observe any such restrictions.

 

Neither the content of the Company's website nor CCI's website nor any website accessible by hyperlinks on the Company's or CCI's website is incorporated in, or forms part of, this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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