TIDMEROS
Eros International PLC
09 October 2012
Eros International plc announces successful opening weekend box
office gross of
US$ 5.2 million worldwide for 'English Vinglish'
Eros International plc ('Eros' or 'the Company'), a leading
global company in the Indian film entertainment industry, has
announced opening weekend box office revenues of US$ 5.2 million
gross worldwide for English Vinglish, the directorial debut of
Gauri Shinde.
Produced by Eros in association with R. Balki, the film released
across more than 1,000 screens worldwide on 5th October 2012.
Hailed as Sridevi's comeback movie, English Vinglish is the
story of a middle-class woman who is skilled at many things but not
the English language and is often the butt of jokes not only within
her family but also in the outside world. It is a feel-good film
that takes the viewer on a journey with Shashi Godbole played by
Sridevi, who not only wins the heart of New York where the film is
set but millions of people around the world.
Receiving a standing ovation at the Toronto film festival
recently, English Vinglish and debutante director Gauri Shinde have
already made their mark.
In the opening weekend, English Vinglish grossed US$ 3.3 million
in India (net collection: US$ 2.5 million) and US$ 1.9 million
overseas.
It continues the successful trend of "women-hero" relatively
smaller budget films at the box-office.
Pranab Kapadia, President, United Kingdom, Europe and Africa
Operations, Eros International plc added, "English Vinglish was
instantly embraced by both Indian and overseas audiences as it
tells the story of many an Indian woman living abroad in an English
world. It has opened bigger than some of the hero-centric big
budget films of recent times which shows audience tastes are
changing and that good cinema does exceedingly well at the box
office".
One of the highly anticipated films of this year, marking the
return of Sridevi after a 14-year sabbatical, English Vinglish also
features French actor Mehdi Nebbou, Adil Hussain, Rajeev
Ravindranathan, Sulabha Deshpande, Priya Anand, and Sujata Kumar
along with a memorable cameo by Amitabh Bachchan. The musical score
by Amit Trivedi adds to the mood of the film with various
tracks.
English Vinglish has earned rave reviews from leading critics
including 'The Times of India' calling it "easily one of the best
films of 2012 with a request to make a little place for Gauri
Shinde next to Rajkumar Hirani (4 stars)", Subhash K Jha calling
the film "sublime subtle seductive and thoroughly engaging / a
life-changing experience" and further says "if you watch only two
films every year make sure you see English Vinglish...twice! (4.5
stars)", Taran Adarsh on Bollywood hungama called it an "amusing,
emotional, heartrending and also insightful/an inspiring film with
an overwhelming message (4 stars)".
For further information, please contact:
Eros International Plc
Sean Hanafin
Chief Corporate & Strategy Officer
T: +44 (0)20 7258 9909
Jamie M.M. Kirkwood
Group Communications & Investor Relations
T: +44 (0)20 7258 9906
Investec Bank plc
Nominated Adviser & Joint Broker
Patrick Robb / Jeremy Ellis / Carlton Nelson
T: +44 (0) 20 7597 5000
Peel Hunt LLP
Joint broker
Richard Kauffer / Dan Harris / Andy Crossley
T: +44 (0) 20 7418 8900
Pelham Bell Pottinger
Nick Lambert / Victoria Geoghegan / Elizabeth Snow
T: +44 (0) 20 7861 3232
About Eros International Plc
-- Eros co-produces, acquires and distributes Indian language
films, in multiple formats worldwide
-- In 2006, Eros listed its shares on the AIM Market of the London Stock Exchange
-- In October 2010, Eros listed its Indian subsidiary Eros
International Media on the BSE & NSE in India
-- Eros operates in over 50 countries, with offices throughout
India, the United Kingdom, USA, UAE, Singapore, Australia, Fiji and
the Isle of Man
A registration statement relating to Eros' A Ordinary Shares has
been filed with the United States Securities and Exchange
Commission, but has not yet become effective. These securities may
not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. This press release shall
not constitute an offer to sell or a solicitation of an offer to
buy nor shall there be any offer or sale of these securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of such jurisdiction.
Some of the information presented in this press release and in
related comments by Eros' management contains forward-looking
statements. In some cases, these forward-looking statements are
identified by terms and phrases such as "aim," "anticipate,"
"believe," "feel," "contemplate," "intend," "estimate," "expect,"
"continue," "should," "could," "may," "plan," "project," "predict,"
"will," "future," "goal," "objective," and similar expressions and
include references to assumptions and relate to Eros' future
prospects, developments and business strategies. Similarly,
statements that describe Eros' strategies, objectives, plans or
goals and statements regarding the proposed offering and the
anticipated costs of these transactions are forward-looking
statements and are based on information available to Eros as of the
date of this press release. Forward-looking statements are subject
to risks, uncertainties and assumptions that could cause actual
results to differ materially from those contemplated by the
relevant statement. Such risks and uncertainties include a variety
of factors, some of which are beyond Eros' control, including
market conditions. Information concerning these and other factors
that could cause results to differ materially from those contained
in the forward-looking statements is contained under the caption
"Risk Factors" in Eros' Registration Statement on Form F-1 filed
with the U.S. Securities and Exchange Commission. Eros undertakes
no obligation to revise the forward-looking statements included in
herein to reflect any future events or circumstances, except as
required by law. Eros' actual results, performance or achievements
could differ materially from the results expressed in, or implied
by, these forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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