AMC Leisure Holdings, Inc. (NYSE: AMC) as we speak introduced that its Board of Administrators has postponed the 2021 Annual Assembly of Stockholders that was beforehand presupposed to be held as we speak. The date change will present further time for its hundreds of thousands of present particular person shareholders to have their voices heard and extra time to forged ballots on necessary shareholder issues. The Annual Assembly has been rescheduled for July 29, 2021, and a brand new document date of June 2, 2021, has been established for stockholders entitled to attend and vote on the assembly. The Firm will ship a brand new discover of the Annual Assembly to stockholders as of the document date, who might want to resubmit their votes, even when they’ve beforehand voted.
Extra Info 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 has filed with the Securities and Alternate Fee (the “SEC”) and has mailed or in any other case offered to its stockholders a proxy assertion concerning the enterprise to be performed on the Annual Assembly. The Firm may additionally file different paperwork with the SEC concerning the enterprise to be performed on the Annual Assembly. This doc will not be an alternative choice to the proxy assertion or another doc which may be filed by the Firm with the SEC.
BEFORE MAKING ANY VOTING DECISION, THE COMPANY’S STOCKHOLDERS ARE URGED TO READ THE PROXY STATEMENT AND ANY SUPPLEMENTS THERETO IN ITS ENTIRETY 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 might get hold of a free copy of the proxy assertion and different paperwork the Firm information with the SEC (when out there) by the web site maintained by the SEC at www.sec.gov. The Firm makes out there freed from cost on its investor relations web site at www.investor.amctheatres.com copies of supplies it information with, or furnishes to, the SEC.
Contributors within the Solicitation
The Firm and its administrators, government officers and sure staff and different individuals could also be deemed to be members within the solicitation of proxies from the Firm’s stockholders in reference to the enterprise to be performed on the Annual Assembly. Safety holders might get hold of info concerning the names, affiliations and pursuits of the Firm’s administrators and government officers within the Firm’s Annual Report on Type 10-Okay for the fiscal 12 months ended December 31, 2020, which was filed with the SEC on March 12, 2021 (the “2021 Type 10-Okay”). To the extent the holdings of the Firm’s securities by the Firm’s administrators and government officers have modified for the reason that quantities set forth within the Firm’s 2021 Type 10-Okay, such modifications have been or shall be mirrored on Statements of Change in Possession on Type 4 filed with the SEC.
Ahead Wanting Statements
This communication consists of “forward-looking statements” throughout the that means of the federal securities legal guidelines. In lots of circumstances, these forward-looking statements could also be recognized by way of phrases corresponding to “will,” “might,” “may,” “would,” “ought to,” “believes,” “expects,” “anticipates,” “estimates,” “intends,” “signifies,” “tasks,” “objectives,” “targets,” “targets,” “predicts,” “plans,” “seeks,” and variations of those phrases and comparable expressions. Examples of forward-looking statements embody statements we make concerning the impression 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 might embody, amongst different issues, statements associated to AMC’s present expectations concerning the efficiency of its enterprise, monetary outcomes, liquidity and capital sources, and the impression to its enterprise and monetary situation of, and measures being taken in response to, the COVID-19 virus, and are based mostly on info out there 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, developments, uncertainties and different details that would trigger precise efficiency or outcomes to vary materially from these expressed in or urged by the forward-looking statements. These dangers, developments, uncertainties and details embody, 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 shall be required except it is ready to obtain extra normalized ranges of working revenues, possible would lead to AMC looking for an in-court or out-of-court restructuring of its liabilities;; the impression of the COVID-19 virus on AMC, the movement image exhibition trade, and the economic system normally, 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 vital liquidity and will increase in bills referring to precautionary measures at AMC’s services to guard the well being and well-being of AMC’s prospects and staff; AMC’s important indebtedness, together with its borrowing capability and its capacity to fulfill its monetary upkeep and different covenants; the way, timing and quantity of profit AMC receives below the CARES Act or different relevant governmental advantages and help; the impression of impairment losses; movement image manufacturing and efficiency; AMC’s lack of management over distributors of movies; intense competitors within the geographic areas through which AMC operates; elevated use of other movie supply strategies or different types of leisure; shrinking unique theatrical launch window; AMC Stubs A-Listing 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 referring to impairment losses, together with with respect to goodwill and different intangibles, and theatre and different closure expenses; and different components mentioned within the studies AMC has filed with the SEC. Ought to a number of of those dangers, developments, uncertainties or details materialize, or ought to underlying assumptions show incorrect, precise outcomes might 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 instances at, or by, which such efficiency or outcomes shall be achieved. For an in depth dialogue of dangers, developments and uncertainties going through AMC, see the part entitled “Danger Elements” within the Firm’s 2021 Type 10-Okay filed with the SEC, and the dangers, developments and uncertainties recognized in its different public filings. AMC doesn’t intend, and undertakes no obligation, to replace any info contained herein to mirror future occasions or circumstances, besides as required by relevant legislation.
About AMC Leisure Holdings, Inc.
AMC is the biggest film exhibition firm in america, 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 trade by: deploying its Signature power-recliner seats; delivering enhanced meals and beverage decisions; producing better visitor engagement by its loyalty and subscription packages, site and cellular apps; providing premium giant format experiences and taking part in all kinds of content material together with the newest Hollywood releases and unbiased programming. For extra info, go to www.amctheatres.com.
Web site Info
This press launch, together with different information about AMC, is on the market at www.amctheatres.com. We routinely submit info which may be necessary to traders within the Investor Relations part of our web site, www.investor.amctheatres.com. We use this web site as a way of revealing materials, personal info and for complying with our disclosure obligations below Regulation FD, and we encourage traders to seek the advice of that part of our web site recurrently for necessary details about AMC. The data contained on, or which may be accessed by, our web site will not be integrated by reference into, and isn’t part of, this doc. Buyers excited about robotically receiving information and knowledge when posted to our web site may go to www.investor.amctheatres.com to enroll in e mail alerts.
Class: Firm Launch