Broadcast News

Bookmark and Share

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.
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

Bristol's UNESCO City Of Film Status Launches At Watershed Media Centre
Bristol's new United Nations Educational, Scientific and Cultural Organisation (UNESCO) City of Film status has launched at an event at Watershed Medi
Bristol Named UNESCO City Of Film
Bristol has been named a UNESCO City of Film ensuring that the city now joins the likes of Bradford, Galway, Rome and Sydney as a City of Film. The an
Winners Of Third Annual SMPTE-HPA Student Film Festival Announced
SMPTE® and the Hollywood Professional Association (HPA) have announced the winners of the third annual SMPTE-HPA Student Film Festival. The event took
GB Labs Takes On 400 Ambitious Film Students At Anglia Ruskin University
"We prepare students for a career in television and film," says Sean Thornton of Anglia Ruskin University. "As such, the technology we use has to be r
Further Support For Irish Film & TV Industry
Bord Scannán na hÉireann/the Irish Film Board (IFB) has welcomed the announcement of an additional €1.5 million for Ireland's film, television and ani
BLUEFIN TV Film New BBC Series – 'Talking Chefs'
Bluefin have just finished filming for a new BBC series – 'Talking Chefs', due to be transmitted in early 2018 on BBC World and The Travel Channel. Th
Crew Needed For Feature Film
A feature film due to commence filming in Belfast next month is seeking crew in all departments, it has been revealed. February Films is shooting a fe
Alan Perrin Joins Helicopter Film Services
Alan Perrin joins Europe's leading aerial filming business, Helicopter Film Services, as Head of UAV Operations, helping take the company to greater h
Tatton Locations Appoints New TV, Film And Events Coordinator
Abbie Morrow has been appointed as the new TV, Film and Events Coordinator for Tatton Locations. Ms Morrow, as part of her new role, is to work on the
UEFA To Launch Film Inspiring Young Women To Play Football
UEFA is set to launch a new film, Play Anywhere, to inspire young women to play football and launch the next generation of female football players. UE
National Youth Film And Animation School Launched
Young Irish Film Makers (YIFM) has been running as a national organisation based in Kilkenny for 27 years, delivering high quality youth arts programm
Action-Packed Year For Liverpool's Film Industry
Liverpool is taking a starring role on the silver and small screens across the world as filming in the city is at an all-time high. The Liverpool Film
UK Studios: An International Success Story
It has often been said that Hollywood is the most recognisable film industry in the world, with hundreds of movies and television series generated eve
Digital Cinema Cameras Finally Steal Film's Format Cloths
Doing the MONSTRO Mash: George Jarrett talks to the full-frame and large format protagonists at the costly drama and movie end of the camera market. L
boomatsuma Teams Up With Bristol Studio
boomsatsuma has announced a partnership with Bristol's The Bottle Yard Studios to launch a new full-time Media Production Diploma. The diploma will be