Lionsgate Studios adopts shareholder rights plan with 15% trigger, $32 exercise price

Lionsgate Studios Corp.

Board declares dividend of one right per common share; record date May 19, 2025, payable May 20, 2025.
Rights become exercisable 10 days after a person/group acquires 15% or more of outstanding common shares.
Exercise price is $32.00; flip-in enables purchase of shares worth twice the exercise price.
Rights expire on May 7, 2026 (or later if shareholder-approved) and are redeemable at $0.001 per right.
Plan aims to protect shareholder value amid market volatility.

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