REG - Cineworld Group plc - Results of Annual General Meeting

CineworldAnnouncement

12/05/2022 15:30

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RNS Number : 3311L  Cineworld Group plc  12 May 2022

12 May 2022

 

 

CINEWORLD GROUP PLC

(the "Company")

 

Results of Annual General Meeting

 

The Company is pleased to announce that, at its Annual General Meeting held
earlier today (the "AGM"), all resolutions were passed on a poll, which
included proxies lodged before the meeting.

 

The Board notes that, although Resolution 2 (Approval of the Remuneration
Report) was passed with the necessary majority, 22.88% of votes received were
against the resolution.  The Remuneration Committee wrote to shareholders in
advance of the AGM and responded to the minority of shareholders who expressed
concern on the remuneration of the Executive Directors in 2021 and we are
pleased that the majority of shareholders have voted in favour of the
Remuneration Report at the AGM. However, in light of the votes against
Resolution 2 at the AGM the Board will continue its dialogue with shareholders
on remuneration matters in order to understand their views and the reasons
behind the result.  All other resolutions were passed with high levels of
support ranging between 88% and 99%, and full details of the number of votes
for and against the resolutions will be made available on the Company's
website at www.cineworldplc.com. In accordance with the provisions of the 2018
UK Corporate Governance Code, the Company will provide an update on the views
received from shareholders and actions taken no later than six months after
the AGM.

 

Copies of the resolutions constituting special business will shortly be
submitted to the UK Listing Authority via the National Storage Mechanism and
will be available for inspection at
https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

 

LEI: 213800J2J3TOOI176M73

 

For further details, please contact:

 

 Cineworld Group plc  investors@cineworld.co.uk

 Israel Greidinger    8th Floor, Vantage London

 Nisan Cohen          Great West Road

 Manuela Van Dessel   Brentford

                      TW8 9AG

 Media

 James Leviton        cineworld-lon@fgh.com

 Ed Treadwell         +44 (0)20 7251 3801

 

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