Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Acquisition Update

25 Jun 2015 07:00

RNS Number : 1547R
Everyman Media Group PLC
25 June 2015
 

 Everyman Media Group plc

('Everyman' or the 'Company')

 

Acquisition Update

 

Everyman is pleased to announce that following its announcement on 20th April 2015, the Company has now exchanged with Odeon Cinemas Limited and ABC Cinemas Ltd ("Odeon") on the acquisition of four cinemas located in Gerrards Cross, Esher, Muswell Hill and Barnet (the "Acquisition"). Completion of the Acquisition remains subject to landlord consent on each of the sites, save for Muswell Hill where consent has been provided and completion is expected to occur today. The timetable for exchange on the Acquisition is in line with the Board's expectations at the time the Acquisition was proposed and initially announced on 20th April 2015.

 

The Company is also pleased to announce that it has exchanged on the acquisition of a site in Stratford upon Avon. The opening of an Everyman in Stratford upon Avon is expected to occur during 2017.

 

25th June 2015

 

For further information, please contact:

Everyman Media Group plc

Crispin Lilly Tel: 020 3145 0500

Cenkos Securities plc (NOMAD and Broker)

Bobbie Hilliam Tel: 020 7397 8900

About Everyman Media Group plc

Everyman are a network of independent cinemas currently operating 12 venues, ranging from the iconic 102 year old Screen on the Green, to brand new boutique spaces in Birmingham and Canary Wharf. Everyman will also soon be expanding into new locations including Whiteladies Road, Bristol in early 2016.

 

 

 

 

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

Related Shares

Back to RNS

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.