REG - Cineworld Group plc - Cineworld Group plc Cineplex Inc. Litigation

CineworldAnnouncement

28/01/2022 07:00

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RNS Number : 9149Z  Cineworld Group plc  28 January 2022

FOR IMMEDIATE RELEASE

27 January 2022

 

 

 

 

 

Cineworld Group plc ("Cineworld")

Cineplex Inc. ("Cineplex") Litigation

 

 

 

 

Further to our announcements of December 15th and January 14th, Cineworld
notes that Cineplex has submitted, on 27 January 2022, a cross-appeal to
Cineworld's own appeal in respect of the decision of the Ontario Superior
Court of Justice. Cineplex's cross-appeal suggests that it should be awarded
alternative forms damages, if the Ontario Court of Appeal determines that the
damages award of the Ontario Superior Court of Justice is incorrect.

 

As previously noted, Cineworld disagrees with the decision of the Ontario
Superior Court of Justice and it also disagrees with the submissions of
Cineplex in its cross-appeal. Cineworld shall respond to the cross-appeal as
part of the appeal process. Cineworld does not expect damages to be payable
whilst any appeal is ongoing.

 

 

Contacts:

 

 Cineworld            +44 (0) 20 8987 5000

 Mooky Greidinger     investors@cineworld.co.uk (mailto:investors@cineworld.co.uk)

 Israel Greidinger

 Nisan Cohen

 Manuela Van Dessel

 Finsbury

 James Leviton        +44 (0)20 7251 3801

 Ed Treadwell         cineworld-lon@finsbury.com (mailto:cineworld-lon@finsbury.com)

 

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