Kevin Douglas Announces Acquisition of Additional Common Shares of IMAX Corporation

LARKSPUR, CA, July 26, 2012 /CNW/ - Kevin Douglas of 125 E. Sir Francis Drake Blvd., Suite 400, Larkspur, California, 94939, has announced today that he acquired, through and on behalf of K&M Douglas Trust, Douglas Family Trust, James E. Douglas III, and Douglas Irrevocable Descendants Trust, 100,000 common shares of IMAX Corporation ("IMAX"), such that it now has control or direction over 8,436,447 common shares of IMAX representing approximately 12.80% of the total common shares outstanding.  The shares were purchased on the New York Stock Exchange at the price of USD $24.40 per share, being Cdn. $24.70 per share (based on the close of business exchange rate of 0.9875 per Bloomberg for July 20, 2012).  The shares were acquired in the ordinary course of the entities' investment activities. Kevin Douglas, through and on behalf of the four entities, may purchase or sell securities of IMAX in the future on the open market or in private transactions, depending on market conditions and other factors material to their investment decisions.

SOURCE: Kevin Douglas

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