28 Sep 2015 07:00
28 September 2015
Pinewood Group plc ("Pinewood" or the "Company")
AGM Trading Update
At today's Annual General Meeting to be held at 10.30am, Lord Grade of Yarmouth, CBE will make the following statement to shareholders:
"Since the publication on 30 June 2015 of the Company's audited results for the year ended 31 March 2015, the Company has enjoyed strong revenues from its core Media Services activity and there is good visibility into the remainder of the current year and the start of the next financial year. Media Investment deal flow on behalf of third party clients is expected to be weighted to the second half."
Enquiries
Pinewood Group plc +44 (0)1753 656732
Andrew M Smith - Director of Strategy and Communications
Peel Hunt LLP (Broker) +44 (0)207 418 8900
Edward Knight
Euan Brown
N+1 Singer (Nominated Adviser and Broker) +44 (0)207 496 3000
Richard Lindley
James White
Notes to editors
· Pinewood Group plc is Europe's largest provider of stage and studio space
· Pinewood Studios, Shepperton Studios and Pinewood Studio Wales together accommodate 37 stages and three dedicated digital television studios
· Pinewood Studios is home to Europe's leading studio-based underwater filming stage, as well as one of the largest exterior water tanks in Europe
· The Group now offers financing to UK film, television and video game production as part of its growing range of services
· Pinewood Studios and Shepperton Studios have been home to over 2,000 films in more than 80 years
· Pinewood Studios and Shepperton Studios have hosted over 800 TV shows
· There are approximately 250 independent, media related companies based within the Pinewood, Shepperton and Wales Media Hub's
· The Pinewood Group's international network of studios includes Toronto, Canada; Iskandar, Malaysia; the Dominican Republic; Atlanta, Georgia, USA and activities in China and Ireland
Forward looking statements
This announcement includes forward looking statements that are based on current expectations and assumptions. They involve risks and uncertainties and may differ, possibly materially, from actual results, performance and achievement. Neither the Company, nor any of its Directors, undertakes any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.
For more information
www.pinewoodgroup.com
Neither the content of the Company's website nor the content of any website accessible from hyperlinks on the Company's website, nor any other website, is incorporated into, or forms part of this announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision as to whether or not to acquire, continue to hold, or dispose of, securities in the Company.