Hollywood Bowl Group Passes Special Resolution and Executes Share Buy-back

Hollywood Bowl ( (GB:BOWL) ) has provided an announcement.

Hollywood Bowl Group plc announced the successful passing of a special resolution at its General Meeting, allowing for the regularisation of procedural requirements related to the Final Dividend and Buy-backs, and the release of claims against shareholders, directors, and the company’s broker. Following this, the company entered into deeds of release for shareholders and directors and executed a buy-back deed with Investec Bank plc, purchasing and cancelling 838,263 ordinary shares. This move reduces the total number of shares in issue to 170,067,772, impacting shareholder voting rights and potentially influencing market perceptions of the company’s financial health.

More about Hollywood Bowl

Hollywood Bowl Group plc operates in the leisure and entertainment industry, primarily focusing on providing bowling and related entertainment services. The company is known for its chain of bowling centers across the UK, catering to a wide range of customers seeking recreational activities.

YTD Price Performance: -5.90%

Average Trading Volume: 780,022

Technical Sentiment Signal: Hold

Current Market Cap: £463.2M

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