Response to Office of Fair Trading Announcement

RNS Number : 6448D

Cineworld Group plc

30 April 2013

 



30 April 2013

Cineworld Group plc

Response to Office of Fair Trading Announcement

On 6 December 2012 Cineworld announced that it had acquired City Screen Group, which trades as Picturehouse (the "Acquisition").

The Office of Fair Trading has today announced that it has referred the Acquisition to the Competition Commission because of concerns that it may reduce local competition in certain areas.

Cineworld will be assisting the Competition Commission with its investigation.  A further announcement will be made in due course.

-Ends-

For further information:

Philip Bowcock                                                                 020 8987 5000

Chief Financial Officer

Cineworld Group plc

Elly Williamson                                                                020 7920 2330

Matthew Neal

M:Communications

 

END

 

 

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