LEAWOOD, Kan.–(BUSINESS WIRE)–Fulfilling a dedication to launch share rely information, AMC Leisure Holdings, Inc. (NYSE: AMC) (“AMC” or “the Firm”) is as we speak offering the next data:
- As beforehand disclosed, there have been 501,780,240 shares excellent as of June 2, 2021, the report date for the Shareholder Assembly scheduled for July 29, 2021.
- As of June 2, there have been roughly 4.1 million1 particular person shareholders eligible to vote on the upcoming Shareholder Assembly.
- Advance voting will start on June 16, with most shareholders eligible to vote by web by way of 11:59 PM Japanese Daylight Time on July 28.
- AMC’s definitive proxy assertion can be filed on June 16. Shortly thereafter, voting supplies and a discover of the Shareholder Assembly can be despatched to particular person traders. Such traders are inspired to succeed in out to their brokers within the latter a part of June or early in July if these supplies haven’t but been acquired from their brokers.
1 Data as reported to AMC by brokers by way of their proxy intermediaries
Commenting in regards to the share rely, AMC President and CEO Adam Aron stated, “The variety of traders who need to personal part of AMC continues to extend and now stands at roughly 4.1 million. Greater than 80% of AMC shares are held by a broad base of retail traders with a mean holding of round 120 shares. Some maintain extra and a few maintain much less, nevertheless, each shareholder is vital to AMC. Every shareholder has a essential position to play in AMC’s future by having their voice heard by voting at our upcoming Shareholder Assembly. By voting in favor of the proposals, collectively we may help place AMC, in its 101st yr of enterprise, for continued success over the subsequent century.”
About AMC Leisure Holdings, Inc.
AMC is the biggest film exhibition firm in the USA, the biggest in Europe and the biggest all through the world with roughly 950 theatres and 10,500 screens throughout the globe. AMC has propelled innovation within the exhibition business by: deploying its Signature power-recliner seats; delivering enhanced meals and beverage decisions; producing larger visitor engagement by way of its loyalty and subscription packages, website online and cell apps; providing premium massive format experiences and taking part in all kinds of content material together with the most recent Hollywood releases and impartial programming. For extra data, go to www.amctheatres.com.
Web site Data
This press launch, together with different information about AMC, is on the market at www.amctheatres.com. We routinely put up data that could be vital to traders within the Investor Relations part of our web site, www.investor.amctheatres.com. We use this web site as a method of revealing materials, private data and for complying with our disclosure obligations beneath Regulation FD, and we encourage traders to seek the advice of that part of our web site often for vital details about AMC. The knowledge contained on, or that could be accessed by way of, our web site just isn’t included by reference into, and isn’t part of, this doc. Traders thinking about routinely receiving information and knowledge when posted to our web site can even go to www.investor.amctheatres.com to enroll in electronic mail alerts.
Further Data and The place to Discover It
This communication could also be deemed solicitation materials in respect of the Annual Assembly of stockholders (the “Annual Assembly”) of AMC Leisure Holdings, Inc. (“AMC” or the “Firm”). This communication doesn’t represent a solicitation of any vote or approval. In reference to the Annual Assembly, the Firm filed a preliminary proxy assertion with the SEC on June 3, 2021 and plans to file with the Securities and Trade Fee (the “SEC”) and mail or in any other case present to its stockholders a definitive proxy assertion concerning the enterprise to be performed on the Annual Assembly. The Firm may file different paperwork with the SEC concerning the enterprise to be performed on the Annual Assembly. This doc just isn’t an alternative to the proxy assertion or some other doc that could be filed by the Firm with the SEC.
BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S STOCKHOLDERS ARE URGED TO READ THE PRELIMINARY PROXY STATEMENT, ANY AMENDMENTS THERETO, AND, WHEN AVAILABLE THE DEFINITIVE PROXY STATEMENT IN ITS ENTIRETY WHEN IT BECOMES AVAILABLE AND ANY OTHER DOCUMENTS FILED BY THE COMPANY WITH THE SEC IN CONNECTION WITH THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING BEFORE MAKING ANY VOTING OR INVESTMENT DECISION WITH RESPECT TO THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING.
Stockholders could acquire a free copy of the proxy assertion and different paperwork the Firm recordsdata with the SEC (when accessible) by way of the web site maintained by the SEC at www.sec.gov. The Firm makes accessible freed from cost on its investor relations web site at www.investor.amctheatres.com copies of supplies it recordsdata with, or furnishes to, the SEC.
Contributors within the Solicitation
The Firm and its administrators, govt officers and sure staff and different individuals could also be deemed to be individuals within the solicitation of proxies from the Firm’s stockholders in reference to the enterprise to be performed on the Annual Assembly. Safety holders could acquire data concerning the names, affiliations and pursuits of the Firm’s administrators and govt officers within the Firm’s Annual Report on Type 10-Ok for the fiscal yr ended December 31, 2020, which was filed with the SEC on March 12, 2021 (the “2021 Type 10-Ok”). To the extent the holdings of the Firm’s securities by the Firm’s administrators and govt officers have modified because the quantities set forth within the Firm’s 2021 Type 10-Ok, such adjustments have been or can be mirrored on Statements of Change in Possession on Type 4 filed with the SEC.
Ahead Wanting Statements
This communication contains “forward-looking statements” throughout the that means of the federal securities legal guidelines. In lots of instances, these forward-looking statements could also be recognized by means of phrases reminiscent of “will,” “could,” “may,” “would,” “ought to,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “signifies,” “tasks,” “objectives,” “aims,” “targets,” “predicts,” “plans,” “seeks,” and variations of those phrases and comparable expressions. Examples of forward-looking statements embrace statements we make concerning the influence of COVID-19, future attendance ranges and our liquidity. Any forward-looking assertion speaks solely as of the date on which it’s made. These forward-looking statements could embrace, amongst different issues, statements associated to AMC’s present expectations concerning the efficiency of its enterprise, monetary outcomes, liquidity and capital assets, and the influence to its enterprise and monetary situation of, and measures being taken in response to, the COVID-19 virus, and are based mostly on data accessible on the time the statements are made and/or administration’s good religion perception as of that point with respect to future occasions, and are topic to dangers, traits, uncertainties and different details that might trigger precise efficiency or outcomes to vary materially from these expressed in or prompt by the forward-looking statements. These dangers, traits, uncertainties and details embrace, however aren’t restricted to, dangers associated to: AMC’s capacity to acquire further liquidity, which if not realized or inadequate to generate the fabric quantities of further liquidity that can be required until it is ready to obtain extra normalized ranges of working revenues, doubtless would lead to AMC looking for an in-court or out-of-court restructuring of its liabilities; the potential influence of AMC’s present or potential lease defaults; the influence of the COVID-19 virus on AMC, the movement image exhibition business, and the economic system usually, together with AMC’s response to the COVID-19 virus associated to suspension of operations at theatres, personnel reductions and different cost-cutting measures and measures to keep up essential liquidity and will increase in bills regarding precautionary measures at AMC’s services to guard the well being and well-being of AMC’s clients and staff; AMC’s important indebtedness, together with its borrowing capability and its capacity to satisfy its monetary upkeep and different covenants; the way, timing and quantity of profit AMC receives beneath the CARES Act or different relevant governmental advantages and assist; the influence of impairment losses; movement image manufacturing and efficiency; AMC’s lack of management over distributors of movies; intense competitors within the geographic areas by which AMC operates; elevated use of other movie supply strategies or different types of leisure; shrinking unique theatrical launch window; AMC Stubs A-Record not assembly anticipated income projections; common and worldwide financial, political, regulatory and different dangers; limitations on the provision of capital; AMC’s capacity to refinance its indebtedness on favorable phrases; availability of financing upon favorable phrases or in any respect; dangers regarding impairment losses, together with with respect to goodwill and different intangibles, and theatre and different closure costs; and different elements mentioned within the reviews AMC has filed with the SEC. Ought to a number of of those dangers, traits, uncertainties or details materialize, or ought to underlying assumptions show incorrect, precise outcomes could differ materially from these indicated or anticipated by the forward-looking statements contained herein. Accordingly, you’re cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date they’re made. Ahead-looking statements shouldn’t be learn as a assure of future efficiency or outcomes and won’t essentially be correct indications of the occasions at, or by, which such efficiency or outcomes can be achieved. For an in depth dialogue of dangers, traits and uncertainties dealing with AMC, see the part entitled “Threat Elements” within the Firm’s 2021 Type 10-Ok filed with the SEC, and the dangers, traits and uncertainties recognized in its different public filings. AMC doesn’t intend, and undertakes no obligation, to replace any data contained herein to mirror future occasions or circumstances, besides as required by relevant regulation.
Class: Firm Launch