NEW YORK, Oct. 9 /CNW Telbec/ - Steinberg Asset Management, LLC
("Steinberg") announced today that it has filed an early warning report with
the Canadian securities regulatory authorities confirming its control over
17,281,484 common shares of Lions Gate Entertainment Corp. ("Lions Gate"),
representing 14.72% of the 117,374,945 common shares referred to as being
issued and outstanding as per Lions Gate's most recent interim MD&A.
Information regarding Steinberg's control over common shares of
Lions Gate has previously been made available by Steinberg via its
Schedule 13G and Schedule 13G/A filings with the United States Securities and
Exchange Commission (publicly available on the EDGAR database), and has been
reported by Lions Gate in its proxy statements.
Steinberg is an independent investment advisory firm. Steinberg has
purchased common shares of Lions Gate on behalf of various separately managed
accounts over which it exercises discretionary authority for passive
investment purposes and not with a view to influence management or the
direction of the company. On behalf of its managed accounts, Steinberg may, as
investment conditions warrant, acquire further securities or dispose of its
holdings of securities of Lions Gate.
For further information:
For further information: Mr. Steven Feld, (212) 980-0080