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DIRECTOR DEALINGS: Cineworld Directors Acquire Shares In Rights Issue

14th Feb 2014 16:14

LONDON (Alliance News) - Cineworld PLC Friday said a group of directors, including Chief Executive Stephen Wiener and Chief Financial Officer Philip Bowcock, acquired shares at a price of 230 pence per share January 10 as part of a rights issue that the company conducted.

Details are as follows.

Name

Position

Ordinary shares acquired pursuant to the Rights Issue

Revised total beneficial holdings following the Rights Issue

Anthony Bloom

Director

434,782

2,158,006

Stephen Wiener

Director

50,000

2,038,677

Philip Bowcock

Director

3,200

13,200

David Maloney

Director

6,400

26,400

Martina King

Director

621

2,563

Rick Senat

Director

6,530

26,937

Peter Williams

Director

12,800

52,800

Earlier Friday, Cineworld said it had completed a rights issue that will partly fund the acquisition of Cinema City. It raised GBP110 million through a 8 for 25 rights issue of up to nearly 48 million new shares at 230 pence each.

Shares in the cinema company were up 0.88% at 343.00 pence Friday.

By Arvind Bhunjun; [email protected]; @ArvindBhunjun

Copyright © 2014 Alliance News Limited. All Rights Reserved.


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