Global City Holdings
Investor Relations
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28

Mar

Current report No. 15/2008 dated 28 March 2008: 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.
 
Legal grounds: Art. 56.1.1 of the Act of 29 July 2005 on the public offering, conditions governing the introduction of financial instruments to organized trading system and on public companies.
 
A signature of persons authorised to represent the Company:
Mr. Israel Greidinger – a Managing Director, proxy