6 November 2020

ASX ANNOUNCEMENT

SALE OF CINESTAR - TRANSACTION UPDATE

EVENT Hospitality & Entertainment Limited (the "Group") today provided an update regarding the sale of its German cinema exhibition operation ("Cinestar") to Vue International Bidco plc ("Vue") (the "Transaction").

Vue has applied for, and the German Federal Cartel Office ("FCO") has granted, a further extension to 14 December 2020 of the deadline for completion of the divestment process required for FCO approval of the Transaction.

All cinemas in Germany, including those operated by Cinestar, were closed by the German Government with effect from 2 November 2020 in response to COVID-19 and will remain closed until 30 November 2020.

Authorised for release by the Board

Further information

ASX Company Security Code:

EVT

Telephone:

+61 2 9373 6600

Contact:

David Stone (Company Secretary)

Email:

David_Stone@evt.com

EVENT HOSPITALITY & ENTERTAINMENT LIMITED | ACN 000 005 103

478 GEORGE STREET SYDNEY NSW 2000 | GPO BOX 1609 SYDNEY NSW 2001 | +61 2 9373 6600

CINEMAS | EVENT | BCC | GU FILM HOUSE | CINESTAR | MOONLIGHT

HOTELS & RESORTS | RYDGES | QT | ATURA | THREDBO

STATE THEATRE | EDGE DIGITAL | EDGE SERVICED OFFICES

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Event Hospitality and Entertainment Ltd. published this content on 06 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2020 21:00:07 UTC