Global City Holdings
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04

Jul

Current report No. 32/2008 dated 4 July 2008 Opening of a new Cinema City multiplex in Lev Hammifratz (Haifa), Israel

 

 The Board of Managing Directors of Cinema City International N.V. (the “Company”) is informing about the opening on 3 July 2008 of a new multiplex in Lev Hammifratz (Haifa), Israel.
The multiplex in Lev Hammifratz, with 23 screens and 3 772 seats, is the Company’s 20th multiplex in Israel.

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. Nissim Nisan Cohen, proxy