Starz Entertainment adopts limited-duration shareholder rights plan with 17.5% trigger, expires March 2027

STARZ ENTERTAINMENT CORP /CN/

Board unanimously adopted Rights Plan effective March 10, 2026; expires March 10, 2027 unless extended by shareholder vote to March 10, 2029.
Trigger: any person or group acquiring beneficial ownership of 17.5% or more of outstanding common shares.
If triggered, rights holders (excluding acquiring person) can buy shares at 50% discount to market price, or company may exchange each right for one common share.
Rights distributed as a dividend to shareholders of record as of March 20, 2026; each right initially exercisable at $93 per share.
Board may redeem all rights at $0.001 per right before trigger; plan is not intended to deter fair offers.

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