Pinewood studios owner reviewing sale options

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Pinewood Studios – home to the James Bond and Star Wars films &&num;8211&semi; could be sold as the company looks to &OpenCurlyDoubleQuote;maximise value” for shareholders&period;<&sol;p>&NewLine;<p>Pinewood Group said it has appointed the Rothschild investment bank to carry out a strategic review of the business that &OpenCurlyDoubleQuote;could include a sale of the company”&comma; which has a market value of £258 million&period;<&sol;p>&NewLine;<p>The group&comma; which also includes Shepperton Studios&comma; has made more than 2&comma;000 films and 800 TV shows over the last 80 years&period;<&sol;p>&NewLine;<p>Star Wars&colon; The Force Awakens&comma; one of the biggest grossing films of all time&comma; was made there as was last year’s 24th official Bond film Spectre&period;<&sol;p>&NewLine;<p>Last April&comma; the group completed a £30 million placing to build five new sound stages at Pinewood&comma; due to be completed in June&period;<br &sol;>&NewLine;But the group wants further funds to continue to expand the business and reward existing investors&comma; which include insurer Aviva&period;<&sol;p>&NewLine;<p>Pinewood Group chief executive Ivan Dunleavy said&colon; &OpenCurlyDoubleQuote;We believe Pinewood has the potential to build on the strong performance of the last few years to grow further both in the UK and internationally&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The board is now looking to identify the best ways to create the appropriate capital structure to allow the company to realise its goals in the best interests of shareholders&period;”<&sol;p>&NewLine;<p>The group said its current shareholder register is &OpenCurlyDoubleQuote;tightly held” which has &OpenCurlyDoubleQuote;stifled liquidity in the shares” and prevented the firm from achieving its aim of obtaining a main stock market listing&period;<&sol;p>&NewLine;<p>Pinewood Group added in an update that due to strong performances from its TV and production units&comma; full-year expectations are higher than at the time of interim results in December&period;<&sol;p>&NewLine;<p>The group has been chaired for the last six years by Lord Grade&comma; who is a former BBC and ITV chairman&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed3b865863d">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68ed3b865863d'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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