Everyman Media Group PLC Trading Update (8001L)
24 July 2017 - 4:00PM
UK Regulatory
TIDMEMAN
RNS Number : 8001L
Everyman Media Group PLC
24 July 2017
Everyman Media Group plc
('Everyman' or the 'Group')
Trading Update
Everyman Media Group plc is issuing this trading update prior to
the intended announcement of its Interim Results on 6(th) September
2017 for the six months ended 29(th) June 2017.
The Group ended the six months to 29(th) June 2017 operating 21
cinemas, with Stratford-upon-Avon having opened during the
period.
The Group remains on track to open a permanent three screen
cinema in Kings Cross in November this year. In addition, contracts
have been exchanged on the acquisition of a 28-year lease for the
existing five screen Reel cinema in York, which is expected to be
fully refurbished and open as an Everyman in early 2018.
Demand for the Everyman offer continues to strengthen and the
Group is excited to announce that new contracts have been exchanged
for venues in Borough Market (2020), Liverpool (2018) and Newcastle
(2018) which, along with those previously announced, commits the
Group to a total of nine more venues.
In summary, the Group has performed in line with expectations in
the first six months of 2017, the Board is confident of a
successful outcome for the full year and the pipeline is continuing
to be developed in line with investors' expectations.
24 July 2017
For further information, please contact:
Everyman Media Group plc Tel: 020 3145
Crispin Lilly 0500
Cenkos Securities plc (NOMAD Tel: 020 7397
and Broker) 8900
Bobbie Hilliam
This information is provided by RNS
The company news service from the London Stock Exchange
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