Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCINE.L Regulatory News (CINE)

  • There is currently no data for CINE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Change in Presentation Currency

11 May 2018 07:00

RNS Number : 7352N
Cineworld Group plc
11 May 2018
 

FOR IMMEDIATE RELEASE

11 May 2018

CINEWORLD GROUP PLC

Change in Presentation Currency

 

Following completion of the acquisition of Regal Entertainment Group on 28 February 2018, a significant majority of the revenue, costs and cash flow of Cineworld Group plc (the "Company" or "Cineworld") and its subsidiaries (together the "Group") is now generated in the United States in US Dollars.

 

Accordingly, the Board has determined that, for financial periods beginning on or after 1 January 2018, the Company will change the presentational currency in which the Group presents its consolidated financial results from pounds sterling to US Dollars. The Board believes that, with the preponderance of US earnings within the Group, the change in currency will provide a more meaningful understanding of Cineworld's financial performance by more accurately reflecting the profile of its operations. At the same time the change will reduce the impact of currency movements on reported results.

 

The trading update to be published on 16 May 2018, the interim results for the six months ending 30 June 2018 and the full-year financial report for the year ending 31 December 2018 will be presented in US Dollars and will include all comparative information in US Dollars.

 

 

  

 

Contacts

Cineworld Group plc:

 

Powerscourt:

 

 

Israel Greidinger

 

020 8987 5000

Elly Williamson

 

+44 (0)20 7250 1446

Nisan Cohen

 

020 8987 5000

 

Nick Dibden

 

cineworld@powerscourt-group.com

Manuela Van Dessel

020 8987 5000

Lisa Kavanagh

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCAMMMTMBTBTAP
Date   Source Headline
18th Nov 201010:00 amRNSHolding(s) in Company
17th Nov 20103:48 pmRNSHolding(s) in Company
17th Nov 201012:30 pmRNSHolding(s) in Company
8th Nov 20104:00 pmRNSHolding(s) in Company
26th Oct 20107:00 amRNSInterim Management Statement
26th Oct 20107:00 amRNSInterim Management Statement
20th Oct 20103:00 pmRNSMerger Update
7th Sep 20107:00 amRNSDigital Cinema Media signs contract with Vue
25th Aug 201011:10 amRNSHolding(s) in Company
25th Aug 201011:00 amRNSMerger Update
19th Aug 20107:00 amRNSHalf Yearly Report
18th Aug 20108:00 amRNSHolding(s) in Company
16th Aug 20108:00 amRNSHolding(s) in Company
5th Aug 20109:00 amRNSNotice of Results
27th Jul 20108:00 amRNSHolding(s) in Company
2nd Jul 20102:00 pmRNSDirectorate Change
1st Jul 20103:11 pmRNSDirector/PDMR Shareholding
30th Jun 20107:00 amRNSTrading Statement
25th Jun 20107:00 amRNSCineworld signs deal for cinema at The O2
14th Jun 20107:00 amRNSCineworld & Arts Alliance Media partnership
24th May 20107:00 amRNSCineworld to partner with Quintain
12th May 20103:20 pmRNSResults of AGM
12th May 20107:00 amRNSAGM Statement and Interim Management Statement
13th Apr 201012:30 pmRNSAnnual Information Update
9th Apr 20104:38 pmRNSAnnual Financial Report
31st Mar 201012:44 pmRNSDirector/PDMR Shareholding
23rd Mar 20103:29 pmRNSHolding(s) in Company
11th Mar 20107:00 amRNSFinal Results
22nd Feb 201010:53 amRNSHolding(s) in Company
4th Feb 20103:08 pmRNSHolding(s) in Company
7th Jan 20107:05 amRNSAppointment of joint broker
7th Jan 20107:00 amRNSTrading Statement
24th Nov 20097:00 amRNSDirectorate Change
20th Nov 20096:31 pmRNSHolding(s) in Company
19th Nov 200910:51 amRNSHolding(s) in Company
5th Nov 200912:12 pmRNSHolding(s) in Company
2nd Nov 20093:42 pmRNSHolding(s) in Company
27th Oct 20097:00 amRNSInterim Management Statement
20th Oct 20092:48 pmRNSHolding(s) in Company
20th Oct 200912:04 pmRNSHolding(s) in Company
25th Sep 20091:05 pmRNSHolding(s) in Company
22nd Sep 20094:35 pmRNSHolding(s) in Company
22nd Sep 200910:55 amRNSHolding(s) in Company
21st Sep 20095:38 pmRNSHolding(s) in Company
18th Sep 20093:40 pmRNSHolding(s) in Company
18th Sep 200912:15 pmRNSSecondary Placing
20th Aug 20097:00 amRNSInterim Results
1st Jul 20097:00 amRNSTrading Statement
8th Jun 20094:35 pmRNSNotification of Major Interest in Shares
21st May 20092:54 pmPRNResult of AGM

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.