Source - LSE Regulatory
RNS Number : 9149Z
Cineworld Group plc
28 January 2022
 

FOR IMMEDIATE RELEASE

27 January 2022

 

 

 

 

 

Cineworld Group plc ("Cineworld")

Cineplex Inc. ("Cineplex") Litigation

 

 

 

 

Further to our announcements of December 15th and January 14th, Cineworld notes that Cineplex has submitted, on 27 January 2022, a cross-appeal to Cineworld's own appeal in respect of the decision of the Ontario Superior Court of Justice. Cineplex's cross-appeal suggests that it should be awarded alternative forms damages, if the Ontario Court of Appeal determines that the damages award of the Ontario Superior Court of Justice is incorrect.

 

As previously noted, Cineworld disagrees with the decision of the Ontario Superior Court of Justice and it also disagrees with the submissions of Cineplex in its cross-appeal. Cineworld shall respond to the cross-appeal as part of the appeal process. Cineworld does not expect damages to be payable whilst any appeal is ongoing.

 

 

Contacts:

 

Cineworld

Mooky Greidinger

Israel Greidinger

Nisan Cohen

Manuela Van Dessel

 

+44 (0) 20 8987 5000

investors@cineworld.co.uk

Finsbury

James Leviton

Ed Treadwell

 

 

+44 (0)20 7251 3801

cineworld-lon@finsbury.com

 

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