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07/05/2004
Pinewood Shepperton share offer promises £46m
The share launch by UK film studio complex Pinewood Shepperton on the London Stock Exchange today was expected to net £46.2 million, but the oversubscribed share offer promises to net the company much more.
The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
Chairman of Pinewood Shepperton, Michael Grade, said: “We are delighted with the response from investors. Pinewood Shepperton is a household name in the film and television industry and we look forward to developing our reputation as a public company.”
Based on the offer price and the number of issued shares (45,813,118) the market value of the company is approximately £82.5 million.
Commenting on the announcement Ivan Dunleavy, Chief Executive of Pinewood Shepperton said: “This is great news for the future of our business. This offering has given us the appropriate capital structure to grow our business and we look forward to the future with confidence.”
Pinewood Shepperton is the leading European provider of studio and film-related services to the worldwide film industry and based on the number of stages is one of the largest studio complexes in the world.
Pinewood Studios was the subject of a management buy-out from Rank Group in 2000, and the company later added Shepperton Studios to its portfolio the following year.
Many major national and international film and television production companies making films and commercials use the extensive production and post-production facilities at the studio stages and other facilities.
Pinewood Shepperton provides facilities to over 200 media-related businesses based at the associated media villages.
(SP)
The studios, home to Harry Potter and James Bond film productions, announced today that the shares had been launched at 180 pence each.
Chairman of Pinewood Shepperton, Michael Grade, said: “We are delighted with the response from investors. Pinewood Shepperton is a household name in the film and television industry and we look forward to developing our reputation as a public company.”
Based on the offer price and the number of issued shares (45,813,118) the market value of the company is approximately £82.5 million.
Commenting on the announcement Ivan Dunleavy, Chief Executive of Pinewood Shepperton said: “This is great news for the future of our business. This offering has given us the appropriate capital structure to grow our business and we look forward to the future with confidence.”
Pinewood Shepperton is the leading European provider of studio and film-related services to the worldwide film industry and based on the number of stages is one of the largest studio complexes in the world.
Pinewood Studios was the subject of a management buy-out from Rank Group in 2000, and the company later added Shepperton Studios to its portfolio the following year.
Many major national and international film and television production companies making films and commercials use the extensive production and post-production facilities at the studio stages and other facilities.
Pinewood Shepperton provides facilities to over 200 media-related businesses based at the associated media villages.
(SP)
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18 February 2014
Pinewood To Set Up New Studios In Cardiff
Pinewood Studios have announced that they will open a new facility in Cardiff at the former Energy Centre building in Wentloog. First Minister Carwyn Jones and Pinewood Shepperton chief executive Ivan Dunleavy made the announcement. The Welsh government hopes the 180,000 sq ft complex will generate an estimated £90m for the economy.
Pinewood To Set Up New Studios In Cardiff
Pinewood Studios have announced that they will open a new facility in Cardiff at the former Energy Centre building in Wentloog. First Minister Carwyn Jones and Pinewood Shepperton chief executive Ivan Dunleavy made the announcement. The Welsh government hopes the 180,000 sq ft complex will generate an estimated £90m for the economy.
09 March 2011
Major UK Studios Fund British Films
Film and Television Studios Group Pinewood Shepperton have announced plans to provide funding for smaller British film productions.
Major UK Studios Fund British Films
Film and Television Studios Group Pinewood Shepperton have announced plans to provide funding for smaller British film productions.
22 October 2009
Pinewood Development Plans Rejected
A £200m expansion plan by one of the UK's best known film studios has been rejected by planners. The application by Pinewood Studios to build a 100-acre set on a green belt in Buckinghamshire has been turned down.
Pinewood Development Plans Rejected
A £200m expansion plan by one of the UK's best known film studios has been rejected by planners. The application by Pinewood Studios to build a 100-acre set on a green belt in Buckinghamshire has been turned down.
02 June 2009
Pinewood Expansion To 'Rival Hollywood'
A highly imaginative proposal to vastly expand a major UK film facility and create hundreds of jobs at the same time is about to roll.
Pinewood Expansion To 'Rival Hollywood'
A highly imaginative proposal to vastly expand a major UK film facility and create hundreds of jobs at the same time is about to roll.
12 January 2012
UK Film Urged To Go Mainstream
Comments made by Britain’s Prime Minister, that urged the UK film industry to become more "mainstream" ahead of a review on the UK’s film policy next Monday, have been met with criticism.
UK Film Urged To Go Mainstream
Comments made by Britain’s Prime Minister, that urged the UK film industry to become more "mainstream" ahead of a review on the UK’s film policy next Monday, have been met with criticism.
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