AMC Leisure Holdings, Inc. Completes 11.550 Million Share At-The-Market Fairness Providing Elevating $587.four Million in Further Fairness Capital

LEAWOOD, Kan .– () – AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) announced that it has completed its 11.550 million shares in the market (“ATM”) of its share program launched today. AMC raised approximately $ 587.4 million in new equity, before commissions and fees, at an average price of approximately $ 50.85 per share.

Commenting on the capital increase, Adam Aron, President and CEO of AMC said, “The contribution of an additional $ 587.4 million in new equity on top of the $ 658.5 million raised earlier this quarter results in a total capital increase of $ 1.246 billion in the second quarter, which is a significant strengthening and improvement in AMC’s balance sheet, which provides valuable flexibility to respond to potential challenges and seize attractive opportunities in the future. ”

About AMC Entertainment Holdings, Inc.

AMC is the largest film exhibition company in the United States, the largest in Europe, and the largest in the world with approximately 950 cinemas and 10,500 screens around the world. AMC has driven innovation in the exhibition industry through: the use of its signature electrically adjustable seats; Providing an improved selection of food and drink; Generate greater guest engagement through its loyalty and subscription programs, website and mobile apps; Offers world-class, large format experiences and plays a wide variety of content, including the latest Hollywood releases and independent programming. For more information, visit www.amctheatres.com.

Website information

This press release, along with other news about AMC, is available at www.amctheatres.com. We regularly publish information that may be important to investors in the Investor Relations section of our website. www.investor.amctheatres.com. We use this website to disclose material, nonpublic information, and to comply with our disclosure requirements under Regulation FD, and we encourage investors to periodically visit this section of our website for important information about AMC. The information contained on or accessed through our website is not incorporated by reference in this document and is not part of it. Investors interested in automatically receiving news and information when it is posted on our website can also visit www.investor.amctheatres.com to sign up for email notifications.

Additional information and where to find it

This announcement may be viewed as an advertisement in relation to the annual general meeting of shareholders (the “Annual Meeting”) of AMC Entertainment Holdings, Inc. (“AMC” or the “Company”). This announcement is not intended to be a solicitation or a solicitation of a vote or approval. In connection with the annual meeting, the company plans to file a power of attorney with the Securities and Exchange Commission (the “SEC”) and to send it to its shareholders in relation to the business to be conducted at the annual meeting other way to transmit. The Company may also file other documents with the SEC relating to the business of its annual meeting. This document is not a substitute for the proxy statement or other documents that the Company may file with the SEC.

BEFORE TAKING A VOTING DECISION, COMPANY SHAREHOLDERS ARE REQUIRED TO READ THE FULL COMPLETE, IF AVAILABLE, AS WELL AS ALL OTHER DOCUMENTS THAT THE COMPANY MAKES WITH THE SECOND ASSOCIATION OR ASSOCIATION BUSINESS CONDUCTED AT THE ANNUAL MEETING AS THEY CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS TO BE CONDUCTED AT THE ANNUAL MEETING.

Shareholders can obtain a free copy of the power of attorney and other documents that the company files with the SEC (if available) through the SEC’s website at www.sec.gov. The company places on its investor relations website at www.investor.amctheatres.com Copies of materials it files with or makes available to the SEC.

Participant in the tender

The Company and its directors, officers and certain employees and other persons may be regarded as participants in the solicitation of proxies from the Company’s shareholders in connection with the business of the Annual Meeting. Securityholders may obtain information about the names, affiliations, and interests of the Company’s directors and officers in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 12, 2021 (the “2021 Form 10-K”). To the extent that the holdings of the Company’s securities have changed by the Company’s directors and officers since the amounts reported on the Company’s Form 10-K 2021, such changes have been or will be reflected in the change of ownership notices filed on Form 4 with the SEC.

Forward-Looking Statements

This release contains “forward-looking statements” within the meaning of the federal securities laws. In many cases, these forward-looking statements can be identified by the use of words such as “will”, “may”, “could”, “would”, “should”, “believe”, “expect”, “expect,” “estimate”, ” intends, “indicates,” “projects,” “goals,” “goals,” “goals,” “predictions,” “plans,” “searches,” and variations of these words and similar expressions. Examples of forward-looking statements are statements we make about the impact of COVID-19, future visitor numbers and our liquidity. Any forward-looking statement only applies at the time of its publication. These forward-looking statements may include, among other things, statements about AMC’s current expectations with respect to the performance of its businesses, financial results, liquidity and capitalization, and the impact on its business and financial condition and actions taken in response thereto regarding COVID-19 -Virus and are based on information available at the time the statements are made and / or the good faith of management at the time with respect to future events and are subject to risks, trends, uncertainties and other facts that could cause actual performance or results to differ materially may differ from those expressed or suggested in the forward-looking statements. These risks, trends, uncertainties and facts include, but are not limited to, risks related to: AMC’s ability to raise additional liquidity which, if not realized, or insufficient to generate the substantial amounts of additional liquidity that is required Unless it is able to achieve a more normalized level of operating income, it would likely result in AMC seeking judicial or extrajudicial restructuring of its liabilities; the potential impact of AMC’s existing or potential rental default; the impact of the COVID-19 virus on AMC, the movie exhibition industry and the economy in general, including AMC’s response to the COVID-19 virus related to theater cessation, downsizing and other cost-cutting and maintenance measures the necessary liquidity and increase in expenses related to precautionary measures at AMC’s facilities to protect the health and well-being of AMC’s customers and employees; AMC’s significant indebtedness, including its borrowing capacity and ability to meet its financial support and other obligations; The type, timing and amount of benefits AMC receives under the CARES Act or other applicable government benefits and support; the effects of impairment; Film production and performance; AMC’s lack of control over film distributors; intense competition in the geographic areas in which AMC operates; increased use of alternative film delivery methods or other forms of entertainment; Reduction of the exclusive theatrical release window; AMC Stubs A-List does not match expected sales projections; general and international economic, political, regulatory and other risks; Restrictions on the availability of capital; AMC’s ability to refinance its debt on favorable terms; Availability of financing on favorable terms or at all; Risks related to impairment, including relating to goodwill and other intangible assets, and theater and other closure fees; and other factors discussed in AMC’s filings with the SEC. Should one or more of these risks, trends, uncertainties or facts materialize, or should any underlying assumptions prove incorrect, actual results could differ materially from those expressed or expected in the forward-looking statements contained herein. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of their publication. Forward-looking statements should not be read as a guarantee of future performance or results and are not necessarily precise statements as to the times on or when such performance or results will be achieved. For a detailed discussion of the risks, trends, and uncertainties that AMC faces, please see the “Risk Factors” section on the company’s Form 10-K 2021 filed with the SEC and the risks, trends, and uncertainties identified in its others public filings were identified. AMC does not intend or undertake any obligation to update the information contained herein to reflect future events or circumstances unless required by applicable law.

Category: Corporate News

Fox Company Assertion on Authorized Dispute with Flutter Leisure Regarding FOX’s Proper to Purchase an 18.6% Fairness Curiosity in FanDuel

NEW YORK–() – Fox Corporation (Nasdaq: FOXA, FOX) today released the following response to media reports regarding its litigation with Flutter Entertainment plc (“Flutter”):

Fox Corporation has filed a lawsuit against Flutter to enforce its rights to acquire an 18.6% stake in FanDuel Group – an American sports betting brand – at the same price that Flutter paid for that stake in December 2020. The lawsuit was previously filed as arbitration by JAMS in New York, NY with the consent of the parties.

About Fox Corporation

Fox Corporation produces and distributes compelling news, sports and entertainment content through its well-known brands including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations. These brands have cultural significance for consumers and commercial significance for retailers and advertisers. The breadth and depth of our presence enables us to deliver content that engages and informs audiences, build deeper customer relationships, and create more compelling product offerings. FOX can look back on an impressive track record in the news, sports and entertainment industries, which shapes our strategy of leveraging existing strengths and investing in new initiatives. For more information about Fox Corporation, visit www.FoxCorporation.com.

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may”, “will”, “should”, “likely”, “anticipate”, “expect”. “Intentions,” “plans,” “projects,” “beliefs,” “estimates,” “prospects” and similar expressions are used to identify these forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to uncertainties and changes in circumstances. Actual results may differ materially from those expressed in the statements in this press release due to changes in economic, business, competitive, technological, strategic and / or regulatory factors and other factors that affect the Company’s business, including the effects of COVID-19 and other widespread health emergencies or pandemics and measures taken to contain their spread. More detailed information about these factors can be found in the company’s filings or on file with the Securities and Exchange Commission (the “SEC”), including the company’s annual report on Form 10-K for the year ended June 30, 2020 .

Statements in this press release speak only as of the date of its publication, and the company undertakes no obligation to update or revise any forward-looking statements in this press release or to report any events or circumstances after that press release or to reflect the occurrence of unexpected events or to address such statements Adjust actual results or changes in company expectations, unless required by law.

World traders proceed to pour cash into fairness funds, shrugging off inflation fears

(Reuters) – Global investors continued to put money into equity funds in hopes of a global economic recovery and vaccine optimism, and to allay concerns about inflation levels.

FILE PHOTO: An almost empty trading floor can be seen on the New York Stock Exchange (NYSE) in New York, USA on May 22, 2020. REUTERS / Brendan McDermid

Equity fund inflows doubled from last week to $ 20.4 billion in the week ended March 10, data from Refinitiv Lipper showed.

However, investors sold global bond funds $ 2.7 billion net as US Treasury yields hit a 1-year high this week.

Chart: Fund flows into global reverse convertibles and money markets –

Meanwhile, investors have also put $ 28.7 billion worth of money into safer money market funds, the data showed.

In equity funds, technology funds saw an outflow for the first time in a year due to rising bond yields. Higher returns lower the present value of future cash flows from growth stocks.

On the flip side, the financial sector saw an inflow of $ 3.14 billion, the largest in eight weeks when investors poured money into cyclical stocks amid growing optimism about a global economic recovery.

Chart: Global bond outflows for the week ending March 10 –

Other sectors that rise and fall along with business cycles, such as industrial, energy and mining companies, also saw inflows this week.

Among the commodity funds, precious metals funds posted net sales of $ 1.74 billion for the fifth consecutive year. This signals that investors are looking to safer assets like gold and are willing to take higher risks.

Graphic: Global Fund Flows into Equity Sectors –

An analysis of 23,755 emerging market funds found that equity funds generated $ 2.3 billion in inflows. Annuity funds recorded net sales of $ 3.4 billion, the largest outflow for the latter in about a year.

Chart: Fund flows into EM stocks and bonds –

Reporting by Gaurav Dogra and Patturaja Murugaboopathy in Bengaluru; Adaptation by Larry King

Walmart donates $14 million as a part of pledge to advance racial fairness

Doug McMillon, CEO of Walmart.

Adam Jeffery | CNBC

After the protests by George Floyd Walmart Committed Increase diversity within our own ranks and contribute $ 100 million over five years to contribute to the fight against systemic racism across the country.

On Monday, the company gave an update on these efforts. Walmart and its foundation will distribute the first $ 14.3 million to 16 nonprofits. The grants are given to groups that deal with racial inequalities in a variety of ways, such as: For example, to educate color communities about Covid-19 vaccines, lower debt for students at historically black colleges and universities, and provide remote internet access and technology to children attending school.

Walmart is one of many companies that have promised to throw their money and weight behind the elimination of racial differences after Floyd’s murder. However, as the country’s largest employer and retailer, its actions have an additional meaning. The company’s CEO, Doug McMillon, also leads the Business Roundtable, a strong corporate voice made up of many of the country’s best-known business leaders.

When the company first made its commitment in June, McMillon admitted that companies – including Walmart – has to do more than write checks. He said the company would also do better within its four walls by recruiting and supporting diverse talent.

According to the company, black employees make up around 21% of the 1.5 million US Walmart workforce recent report on diversity and inclusion. That diversity, however, is dwindling in the top positions at Walmart. About 12% of the company’s managers and 7% of its senior executives are black.

Walmart appointed long-time employee Kirstie Sims to lead the company Center for Racial Justice, which will focus on inequalities in four key areas: finance, healthcare, education and criminal justice.

Kirstie Sims, Senior Director of the Walmart.org Center for Racial Equity

Walmart

Originally from Arkansas, Sims started working at the big box retailer to pay back student loans and planned to move into the healthcare industry. At Walmart, however, she said she found she could build a career spanning over 20 years and move up to leadership positions – something she wants other employees, including other black women, to experience. Prior to her new position, she was Senior Director, Global Ethics and Compliance at Walmart.

Walmart has made other changes in the past few months to promote racial justice. It will publish a report on diversity and inclusion twice a year instead of annually. It will work with the largest historically black university in the country, North Carolina A&T State University, to increase the number of black college graduates entering high-demand areas. In November, two new Walmart Health locations opened in Chicago offering low-cost medical appointments. It has also joined the One Ten Coalition, a group of American companies committed to training, hiring, and promoting one million black Americans over the next decade.

According to Sims, Walmart is researching how its business practices can make a difference, too. For example, it can expand access to affordable medical care in communities in need by opening Walmart Health locations, promoting black-owned businesses through the use of more than suppliers, and giving applicants a second chance to get back into the criminal justice system after serving in the criminal justice system To enter society.

“Progress is slow at times, but with the work, strength and dedication behind it, we will make changes,” she said.