The deal was negotiated during the Toronto International Film Festival between Filmax CEO Carlos Fernandez, managing director Carles Rojano, and head of international Vicente Canales and Tony Miller head of Odeon Sky Filmworks.
The Spanish-language supernatural horror film is directed by Jaume Balaguero and Paco Plaza and produced by Castelao Productions. The story follows a young TV reporter and cameraman who find anguish when they are working on a reality TV show.
Screen Gems has already taken US remake rights to REC.
On making the announcement Tony Miller said, 'REC is one of the scariest films I've seen and we are thrilled to have secured the UK theatrical rights to this excellent horror movie. We're looking forward to building a successful ongoing relationship with Filmax Entertainment.'
Odeon Sky Filmworks was set up in 2006 by the two companies and its first acquisition was Australian hit mockumentary Kenny.