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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DECEMBER 13, 2004
Date of report (Date of earliest event reported)
IMAX CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
CANADA 0-24216 98-0140269
(State or Other Jurisdiction (Commission File (I.R.S. Employer
of Incorporation) Number) Identification Number)
2525 SPEAKMAN DRIVE, MISSISSAUGA, ONTARIO, CANADA, L5K 1B1
(Address of Principal Executive Offices) (Postal Code)
(905) 403-6500
(Registrant's Telephone Number, Including Area Code)
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communication pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
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ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On December 13, 2004, IMAX Corporation (the "Company") announced that it had
entered into a Settlement Agreement (the "Agreement") amongst the Company,
United Cinemas International Multiplex B.V., United Cinemas International
(Japan) K.K. and United Cinemas International (U.K.) Ltd. The parties agreed to
settle a previously-disclosed litigation with the former owners of United
Cinemas International Multiplex B.V. ("UCI"), an operator of multiplex theatres
based in the United Kingdom. Most of the assets of UCI, and related entities,
were recently sold to private equity firm in the U.K. Pursuant to the Agreement,
the Company will receive cash payments in both the fourth quarter of 2004 and
the first quarter of 2005, in full and final settlement of all litigation
claims. Copy of the press release dated December 13, 2004 is attached as Exhibit
99.1
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(c) EXHIBITS
EXHIBIT NO. DESCRIPTION
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99.1 Press Release dated December 13, 2004
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
IMAX CORPORATION
(Registrant)
Date: December 13, 2004 By: "G. Mary Ruby"
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Name: G. Mary Ruby
Title: Corporate Secretary