Regal to offer 2M shares of National CineMedia

|About: Regal Entertainment Group (RGC)|By:, SA News Editor

Regal Entertainment Group (RGC -0.4%) is set to sell 2M shares of National CineMedia (NCMI -1.6%) in a public offering.

The offering includes a 300K share underwriter option.

NCMI will receive no proceeds from the deal and will own 46.7-47% of NCM LLC once the offering is complete. (PR)