National CineMedia, Inc. Chairman and CEO Purchased 29,000 Shares of the Company's Common Stock.
CENTENNIAL, Colo. -- National CineMedia, Inc. (NASDAQ: NCMI) (the
"Company") announced today that Kurt Hall, Chairman, President
and Chief Executive Officer, purchased 29,000 shares of the
Company's common stock at an average price per share of
approximately $12.30 in accordance with the Company's insider
trading policies regarding stock transactions. Before the acquisition,
Mr. Hall terminated his pre-arranged stock selling plan (the
"Plan") under Rule 10b5-1 of the Securities Exchange Act of
1934, as amended, that was previously put in place by Mr. Hall for
personal financial management purposes. The Plan was terminated to avoid
an inadvertent sale of the Company's securities within six months
of shares purchased by Mr. Hall today.