The UK's second largest cinema chain has lifted the curtain on plans to float on the stock market this summer.
Cineworld, which owns every fourth cinema screen in the UK through 78 sites across the country, is expected to list with an enterprise value of around £450 million.
The move will bring a windfall for chief executive Steve Wiener who founded the business in 1995 and opened the first multiplex cinema a year later in Stevenage.
Cineworld was acquired by private equity firm Blackstone for £120 million in October 2004, bringing with it nearly 400 screens around the UK.
This deal was followed two months later by the purchase of the UK assets of French group UGC, comprising 408 screens in 42 cinemas at locations including Broad Street Birmingham, Hull, Cardiff and Manchester.
Cineworld said the flotation should boost its ability to expand and buy further cinemas.
It also aims to grow box office revenues and encourage film-goers to spend more at food and drink kiosks and elsewhere at its sites.
Mr Wiener said: "UK cinema is a growth industry. Combined box office, retail and advertising revenues have shown an average annual increase of approximately 6.7 per cent since 2000.
"Industry forecasts anticipate admissions and ticket prices will continue to grow over the next few years and Cineworld is well positioned to harness the benefits."
According to Cineworld, the cinema market in the UK is the largest in Europe and has grown at a compound annual rate of six per cent over the past six years. Box office revenues across the country totalled £769 million last year.
"We have a cinema portfolio of high quality multiplexes, a strong brand and a highly committed management team with an established track record of delivering growth and enhancing profitability," Mr Wiener added.