Kevin Spacey to be honored at the Olivier Awards in April

LONDON, March 1 (UPI) -- Kevin Spacey is to be honored at the 2015 Olivier Awards ceremony April 12 at London's Royal Opera House, organizers announced.

The prize Spacey will receive is to acknowledge the actor, director and producer's extraordinary contributions to The Old Vic specifically and to British theater in general.

The House of Cards star has served as the artistic director of The Old Vic since 2004. He will step down this year and is to be succeeded at the theater by Matthew Warchus.

"The Society of London Theatre is delighted to formally acknowledge Kevin Spacey's outstanding contribution to The Old Vic. In general, his advocacy of London theater has been a constant boon, and many of us will miss him as a valued colleague," Caro Newling, president of the Society of London Theatre, said in a statement.