Global City Holdings
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28

Mar

Opening of a new Cinema City multiplex in Pilzen, Czech Republic

 

The Board of Managing Directors of Cinema City International N.V. (the “Company”) is informing about the opening on 27 March 2008 of a new multiplex in Pilzen, Czech Republic.
Cinema City Pilzen is the Company’s fifth multiplex in the Czech Republic.
A modern 10-screen cinema with 1 721 seats is located on a leased area of the new Plaza shopping center.
Funds spent on this investment were primarily sourced from the Company’s own funds and from proceeds gained in its initial public offering.