Parques Reunidos Servicios Centrales, S.A. (BME:PQR) signed an agreement to acquire Wet'n'Wild Sydney Pty Ltd from Village Roadshow Limited (ASX:VRL) for AUD 40 million on June 29, 2018. Parques Reunidos Servicios Centrales, S.A. will also pay a variable compensation depending upon Wet'n'Wild Sydney Pty Ltd's revenue performance up to June 30, 2020. The transaction is subject to customary conditions precedent and is expected to be completed in the first quarter of financial year 2019. The net proceeds from the sale will be used to reduce debt levels of Village Roadshow Limited. Anton Harris, Anita Cade, Jennie Mansfield, Rebecca Dixon, Sanjay Wavde, Barbara Phair, Matt Spark, Maria Sun, Elke Bremner, Kate Pickthall, Callum Newson-Brown, Katie O'Connell, Carolyn Harding-Smith, Luke Salem, Tony Zhou and Rhea Nair of Ashurst LLP acted as legal advisors to Parques Reunidos Servicios Centrales, S.A. Peter Nankivell of Thomson Geer acted as legal advisor to Village Roadshow Limited.

Parques Reunidos Servicios Centrales, S.A. (BME:PQR) completed the acquisition of Wet'n'Wild Sydney Pty Ltd from Village Roadshow Limited (ASX:VRL) on October 3, 2018.