Brief: Kinohold Bis Sells 180,001 Shares To Kinepolis CEO And Bert Family

Kinepolis NV

07/06/2022 06:05

June 7 (Reuters) - Kinepolis Group NV  KIPO.BR :
    * KINOHOLD (BIS) SA ANNOUNCES PRIVATE SALE OF 180,001 SHARES
TO
EDDY DUQUENNE (CEO OF KINEPOLIS) AND MEMBERS OF THE BERT FAMILY
    * KINEPOLIS HAS BEEN INFORMED THAT KINOHOLD (BIS) HAS
TRANSFERRED,
BY MEANS OF A PRIVATE SALE, 180,001 EXISTING COMMON KINEPOLIS
SHARES OR C. 0.66% OF CURRENT OUTSTANDING SHARE CAPITAL
    * KINEPOLIS HAS NOT RECEIVED ANY PROCEEDS FROM THIS PRIVATE
PLACEMENT
    * KINOHOLD HAS SOLD SHARES AT REQUEST OF GEERT AND KOENRAAD
BERT
    * EDDY DUQUENNE, KINEPOLIS' CEO, HAS ACQUIRED 100,000 OF
SHARES
AND 80,001 OF SHARES HAVE BEEN REALLOCATED BETWEEN MEMBERS OF
BERT FAMILY
    * KINOHOLD WILL CONTINUE TO HOLD 46.04% OF SHARES IN
KINEPOLIS
    * KINOHOLD WILL ALSO RETAIN VOTING RIGHTS OF 100,000 SHARES
SOLD
TO CEO FOR NEXT FOUR YEARS PURSUANT TO AGREED TERMS OF SALE

Source text for Eikon:  ID:nGNE5R8NS4 
Further company coverage:  KIPO.BR 

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