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    <submissionType>SCHEDULE 13D/A</submissionType>
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      <amendmentNo>2</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.01 per share</securitiesClassTitle>
      <dateOfEvent>03/12/2025</dateOfEvent>
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      <issuerInfo>
        <issuerCIK>0001377630</issuerCIK>
        <issuerCUSIP>635309206</issuerCUSIP>
        <issuerName>National CineMedia, Inc.</issuerName>
        <address>
          <street1 xmlns="http://www.sec.gov/edgar/common">6300 S. Syracuse Way</street1>
          <street2 xmlns="http://www.sec.gov/edgar/common">Suite 300</street2>
          <city xmlns="http://www.sec.gov/edgar/common">Centennial</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">CO</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">80111</zipCode>
        </address>
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      <authorizedPersons>
        <notificationInfo>
          <personName>Katrina West</personName>
          <personPhoneNum>0000000000</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">2nd Floor East, Carrington House</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">123-130 Regent Street</street2>
            <city xmlns="http://www.sec.gov/edgar/common">London</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">X0</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">SW1Y 6LX</zipCode>
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        </notificationInfo>
        <notificationInfo>
          <personName>Frank G. Zarb</personName>
          <personPhoneNum>(202) 416-5870</personPhoneNum>
          <personAddress>
            <street1 xmlns="http://www.sec.gov/edgar/common">Proskauer Rose, LLP</street1>
            <street2 xmlns="http://www.sec.gov/edgar/common">1001 Pennsylvania Ave. NW, Suite 600 S</street2>
            <city xmlns="http://www.sec.gov/edgar/common">Washington</city>
            <stateOrCountry xmlns="http://www.sec.gov/edgar/common">DC</stateOrCountry>
            <zipCode xmlns="http://www.sec.gov/edgar/common">20004</zipCode>
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    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989231</reportingPersonCIK>
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        <reportingPersonName>Mubashir Mukadam</reportingPersonName>
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        <legalProceedings>N</legalProceedings>
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        <sharedDispositivePower>27144639</sharedDispositivePower>
        <aggregateAmountOwned>27144639</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>28.5</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989113</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Mulanje II GP Limited</reportingPersonName>
        <fundType>OO</fundType>
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        <citizenshipOrOrganization>E9</citizenshipOrOrganization>
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        <sharedDispositivePower>4333751</sharedDispositivePower>
        <aggregateAmountOwned>4333751</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>4.6</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989111</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Fund II (GP) Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>E9</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>10354550</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>10354550</sharedDispositivePower>
        <aggregateAmountOwned>10354550</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>10.9</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989824</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Fund III (GP) Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>E9</citizenshipOrOrganization>
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        <sharedDispositivePower>4309962</sharedDispositivePower>
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      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001887451</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Capital Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X0</citizenshipOrOrganization>
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        <sharedDispositivePower>27144639</sharedDispositivePower>
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        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>28.5</percentOfClass>
        <typeOfReportingPerson>IA</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989114</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Mulanje II DAC</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>L2</citizenshipOrOrganization>
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        <soleDispositivePower>0</soleDispositivePower>
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        <percentOfClass>4.6</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989041</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>BSSF II Ireland DAC</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>L2</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>10354550</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>10354550</sharedDispositivePower>
        <aggregateAmountOwned>10354550</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>10.9</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989677</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>BSSF III DAC</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>L2</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
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        <sharedDispositivePower>4309962</sharedDispositivePower>
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        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>4.5</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0001989675</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Mulanje III GP Limited</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>E9</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>8146376</sharedVotingPower>
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        <sharedDispositivePower>8146376</sharedDispositivePower>
        <aggregateAmountOwned>8146376</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>8.6</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0002033550</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Blantyre Capital ICAV</reportingPersonName>
        <fundType>OO</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>L2</citizenshipOrOrganization>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>8146376</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>8146376</sharedDispositivePower>
        <aggregateAmountOwned>8146376</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>8.6</percentOfClass>
        <typeOfReportingPerson>CO</typeOfReportingPerson>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock, par value $0.01 per share</securityTitle>
        <issuerName>National CineMedia, Inc.</issuerName>
        <issuerPrincipalAddress>
          <street1 xmlns="http://www.sec.gov/edgar/common">6300 S. Syracuse Way</street1>
          <street2 xmlns="http://www.sec.gov/edgar/common">Suite 300</street2>
          <city xmlns="http://www.sec.gov/edgar/common">Centennial</city>
          <stateOrCountry xmlns="http://www.sec.gov/edgar/common">CO</stateOrCountry>
          <zipCode xmlns="http://www.sec.gov/edgar/common">80111</zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item2>
        <citizenship>Item 2(f) is amended and restated as follows:

The jurisdiction in which each Reporting Person that is an individual is a citizen is set forth in Schedule I. The jurisdiction of organization and principal place of business of each Reporting Person that is an entity is set forth below:

The jurisdiction of organization of each of Blantyre Mulanje II GP Limited , Blantyre Fund II (GP) Limited, Blantyre Fund III (GP) Limited, and Blantyre Mulanje III GP Limited is the Cayman Islands. The principal place of business of such entities  is c/o Blantyre Capital Limited, 2nd Floor East, Carrington House, 123-130 Regent Street, London, SW1Y 6LX, United Kingdom.

The jurisdiction of organization of Blantyre Capital Limited is the United Kingdom. The principal place of business of Blantyre Capital Limited is 2nd Floor East, Carrington House, 123-130 Regent Street, London, SW1Y 6LX, United Kingdom.

The jurisdiction of organization of each of Blantyre Mulanje II DAC BSSF II Ireland DAC, BSSF III DAC, and Blantyre Capital ICAV is Ireland. The principal place of business of such entities  is 55 Charlemont Place, Dublin D02 F985, Ireland. Blantyre Capital ICAV is acting on behalf of its sub-fund, Blantyre Majete Fund, which is not a separate entity under Irish law, but it was established in Ireland and has a principal place of business of 55 Charlemont Place, Dublin D02 F985, Ireland.

</citizenship>
      </item2>
      <item4>
        <transactionPurpose>Item 4 is amended and restated as follows:

Subject to market conditions, including price, the Reporting Persons may determine on a trade-by-trade basis to purchase additional Shares. There is no assurance that the Reporting Persons will purchase additional Shares, and, if the Reporting Persons do purchase additional shares, there is no assurance as to the quantity and timing of such purchase.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Item 5 is amended and restated as follows:

The reporting person is the beneficial owner of 27,144,639 shares of the Issuer's Common Stock which constitutes 28.5% of the class outstanding. The percentage calculation assumes that there are currently 95,209,712 outstanding shares of Common Stock of the Issuer, based on the Issuer's Annual Report on Form 10-K filed by the Issuer on March 6, 2025.</percentageOfClassSecurities>
        <numberOfShares>The information set forth in rows 7 through 10 of the cover pages to the Schedule 13D is incorporated by reference.</numberOfShares>
        <transactionDesc>Except as set forth on Schedule XI, none of the Reporting Persons, and to the best of the knowledge of the Reporting Persons, any Scheduled Persons, have engaged in any transactions involving the Shares during the past sixty days.</transactionDesc>
      </item5>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Mubashir Mukadam</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>Mubashir Mukadam</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Mulanje II GP Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Russell Burt</signature>
          <title>Russell Burt, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Fund II (GP) Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Russell Burt</signature>
          <title>Russell Burt, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Fund III (GP) Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Russell Burt</signature>
          <title>By: Russell Burt, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Capital Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>Mubashir Mukadam, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Mulanje II DAC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>By Blantyre Capital Limited, as Investment Advisor, By Mubashir Mukadam, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>BSSF II Ireland DAC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>By Blantyre Capital Limited, as Investment Advisor, By Mubashir Mukadam, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>BSSF III DAC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>By Blantyre Capital Limited, as Investment Advisor, By Mubashir Mukadam, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Mulanje III GP Limited</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Russell Burt</signature>
          <title>Russell Burt, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Blantyre Capital ICAV</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/ Mubashir Mukadam</signature>
          <title>By Blantyre Capital Limited, as Investment Advisor, By Mubashir Mukadam, Director</title>
          <date>03/12/2025</date>
        </signatureDetails>
      </signaturePerson>
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