National CineMedia Withholds Forward Outlook Amid Pending Captivate Transaction Timing; Pauses Quarterly Dividend Program

Dividend

In connection with the proposed acquisition of Captivate and expected leverage at closing, NCM has paused its quarterly dividend program.

Outlook

In connection with the expected timing of the pending transaction, NCM is not providing a forward outlook at this time. This does not reflect any change in the Company’s view of the underlying business.