Cineworld Group plc Results of Annual General Meeting (3311L)
May 12 2022 - 9:20AM
UK Regulatory
TIDMCINE
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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END
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