BlackRock Investment Management (UK) Limited acquired an unknown additional stake in Kinepolis Group NV.
January 18, 2017
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BlackRock Investment Management (UK) Limited acquired an unknown additional stake in Kinepolis Group NV (ENXTBR:KIN) on January 9, 2017. By the virtue of an acquisition of shares on 9 January 2017, BlackRock holds 3.89% stake of the voting rights of Kinepolis Group NV (ENXTBR:KIN).
BlackRock Investment Management (UK) Limited completed the acquisition of an unknown additional stake in Kinepolis Group NV (ENXTBR:KIN) on January 9, 2017.
Kinepolis Group NV specializes in operating multiplex movie theaters. The activity is organized around 3 areas:
- operation of cinema multiplexes: sale of tickets, confectionery, and beverages, sale of advertising space, event organization, etc. At the end of 2023, the group has a network of 109 cinemas in Belgium (11), Canada (36), the Netherlands (19), France (18), the United States (10), Spain (10), Luxembourg (3), in Switzerland and Poland;
- leasing of commercial spaces: restaurants, outlets, etc.;
- other: cinematographic distribution and production, and technical services (primarily technical assistance and projector maintenance; Decatron).