Kinepolis Group NV announces that, in pursuance of the authorization given by the Extraordinary General Meeting of 20 May 2011, it proceeds to the destruction of 349,423 own shares.
The Board of Directors of Kinepolis Group NV decided on 14 December last to destroy 349,423 own shares, bringing the total number of outstanding shares to 6,581,355.
Following this operation, Kinepolis Group NV retains on 15 December 2011 314,581 own shares, or 4.78% of the new number of shares in circulation.
Key figures of Kinepolis Group NV:
Authorized capital: EUR 18,952,288.41
Total number of shares: 6,581,355
Total number of voting rights: 6,581,355
Kinepolis Group NV
Public Limited Company making or having made a public call on savings
Eeuwfeestlaan 20, 1020 Brussels
Company Registration Number VAT BE 0415.928.179 RLP Brussels
Kinepolis Group to proceed to the destruction of 349,423 own shares
Kinepolis Group NV was formed in 1997 as a result of the merger of two family-run cinema groups and was listed on the stock exchange in 1998. Kinepolis offers an innovative cinema concept which serves as a pioneering model within the industry. In addition to its cinema business, the Group is also active in film distribution, event organization, screen publicity and property management.
In Europe, Kinepolis Group NV has 55 cinemas spread across Belgium, the Netherlands, France, Spain, Luxembourg, Switzerland and Poland. Since the acquisition of Canadian movie theatre group Landmark Cinemas and American movie theatre group MJR, Kinepolis also operates 46 cinemas in Canada and 10 in the US.
In total, Kinepolis Group currently operates 111 cinemas worldwide, with a total of 1,079 screens and almost 200,000 seats. Kinepolis employs 4,600 people, all committed to giving millions of visitors an unforgettable movie experience.