New Shares Issued

RNS Number : 0836T

Cineworld Group plc

10 December 2012

 



10 December 2012

CINEWORLD GROUP PLC NEW SHARES ISSUED

Cineworld Group plc ("Cineworld" or the "Company") is pleased to announce that a total of 6,849,999 new ordinary shares of one pence each in the Company have been allotted ("Allotted Shares"), subject to admission on 11 December 2012.

The Allotted Shares include a placing to institutional and certain other investors of 6,401,020 ordinary shares of one pence in the Company and an allotment of, in aggregate, 448,979 ordinary shares of one pence in the Company to Stephen Wiener, Chief Executive Officer of Cineworld, and Lyn Goleby, Managing Director of Picturehouse, pursuant to separate share subscription agreements entered into with the Company.

Applications have been made for admission of the Allotted Shares to the premium segment of the Official List maintained by the Financial Services Authority and to trading on the main market for listed securities of the London Stock Exchange plc (together "Admission"). It is expected that Admission will take place at 8.00 a.m. on 11 December 2012 at which time dealings in the Allotted Shares will commence.

The Allotted Shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of one pence each in the share capital of the Company, including the right to receive all dividends and other distributions declared, made or paid in respect of such shares after the date of issue of the Allotted Shares.

Enquiries:

M:Communications                                                                                  [phone]

Elly Williamson

Matthew Neal

Disclaimer

This Announcement is for information purposes only and shall not constitute or form part of an offer to buy, sell, issue, acquire, or subscribe for, or the solicitation of an offer to buy, sell, issue, acquire or subscribe for any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any failure to comply with these restrictions may constitute a violation of the securities laws of such jurisdictions.

This Announcement has been issued by and is the sole responsibility of the Company. No representation or warranty, express or implied, is or will be made as to, or in relation to, and no responsibility or liability is or will be accepted by the Company or by any of their respective affiliates or agents as to, or in relation to, the accuracy or completeness of this Announcement or any other written or oral information made available to or publicly available to any interested party or its advisers, and any liability therefore is expressly disclaimed.

The price of shares and the income from them may go down as well as up and investors may not get back the full amount invested on disposal of the shares. Past performance is no guide to future performance and persons needing advice should consult an independent financial advisor.

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

 

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