CINE.L Share News (CINE)

Cineworld plots sale of UK cinema operations - Sky News

(Alliance News) - Cineworld Group PLC is working with AlixPartners on options for its UK business which could lead to a sale or restructuring such as a company voluntary arrangement, Sky News reported on Saturday.

IN BRIEF: Cineworld formally enters administration as planned

Cineworld Group PLC - London-based cinema chain - Says its parent company has formally entered administration, following outlining such plans on Friday last week. Says this does not apply to any of the operating companies or subsidiaries in the rest of the group, and will not affect the status or rights of any of the group's employees.

Cineworld shares suspended, will enter administration on Monday

(Alliance News) - Cineworld Group PLC announced on Friday that it had suspended its shares from trading at the company's request and that it will enter administration on Monday.

LONDON MARKET MIDDAY: China stimulus impatience keeps lid on sentiment

(Alliance News) - Equity prices in Europe were mixed heading into Monday afternoon, with a warning of the challenges facing the Chinese economy hurting investor sentiment at the start of a busy week of central banking action.

'Barbenheimer' weekend generates almost GBP30 million at UK box office

(Alliance News) - The dual offerings of Barbie and Oppenheimer prompted the biggest weekend for UK cinema-going since 2019, according to the UK Cinema Association.

Cinepolis exec Eduardo Acuna to become Cineworld CEO

July 13 (Reuters) - Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will become its CEO when the company emerges from bankruptcy proceedings, expected this month.

London stocks fall as utilities drag; Serco gains

De La Rue up after retaining annual profit forecast

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IN BRIEF: Cineworld reorganisation confirmed by US bankruptcy court

Cineworld Group PLC - London-based cinema chain - Says US Bankruptcy Court for the Southern District of Texas, Houston Division yesterday confirmed third amended joint chapter 11 plan of reorganisation. Allows it to implement restructuring transactions after satisfying certain conditions. Plan involves the release of about USD4.53 billion of Cineworld's funded indebtedness, as well as a rights off to raise USD800 million, and USD1.46 billion in new debt financing. Cineworld expects to enter into administration in the UK shortly before the emergence from chapter 11 proceedings. Cineworld still expects to emerge from the chapter 11 cases in July.

SMALL-CAP WINNERS & LOSERS: De La Rue rises on "encouraging signs"

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

Heathcare stocks weigh on STOXX 600, defence stocks slide

STOXX 600 off 0.1%

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FTSE 100 inches lower as defence firms drag; commodity-linked stocks rise

Defence firms fall after an aborted mutiny in Russia

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LONDON MARKET MIDDAY: Risk-off amid higher rates, Russia instability

Alliance News) - Stock prices in London were lower at midday on Monday, as an aborted uprising in Russia over the weekend and hawkish moves from central banks over the past two weeks caused investors to tread carefully.

Cineworld shares drop as it files for administration in the UK

(Alliance News) - Cineworld Group PLC on Monday said it has filed for administration in the UK as part of its restructuring in an attempt to reduce debt levels.

SMALL-CAP WINNERS & LOSERS: Braemar unlikely to meet results deadline

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

Cineworld to apply for administration in UK

(Sharecast News) - UK cinema chain Cineworld on Monday said it was applying for administration as part of its proposed restructuring plan.