FUNDS MANAGED BY LIBERTY STRATEGIC CAPITAL ACQUIRE ADDITIONAL CLASS A VOTING SHARES OF LIONS GATE ENTERTAINMENT CORP.

WASHINGTON, DC, July 24, 2024 /CNW/ - Liberty 77 Capital L.P. ("Liberty Strategic Capital") announced today that it acquired an aggregate of 53,901 Class A voting shares ("Class A Voting Shares") of Lions Gate Entertainment Corp. ("Lions Gate") in its capacity as portfolio manager for Liberty 77 Fund L.P. and Liberty 77 Fund International L.P. ("Liberty 77 Fund International" and, together with Liberty 77 Fund L.P., the "Liberty Funds").

Following the acquisition, Liberty Strategic Capital exercises control and direction over an aggregate of 10,670,149 Class A Voting Shares for and on behalf of the Liberty Funds. The 10,670,149 Class A Voting Shares owned by the Liberty Funds represent 12.77% of the issued and outstanding Class A Voting Shares. Of the 53,901 Class A Voting Shares over which Liberty Strategic Capital acquired control and direction, 42,224 were acquired on behalf of Liberty 77 Fund International. Following the acquisition, Liberty 77 Fund International beneficially owns 8,356,707 Class A Voting Shares, representing approximately 10.00% of the issued and outstanding Class A Voting Common Shares.

The acquisition of an aggregate of 53,901 Class A Voting Shares, representing 0.06% of the issued and outstanding Class A Voting Shares, was made for investment purposes. Liberty Strategic Capital intends to review such investment in Lions Gate on a continuing basis and, depending on Lions Gate's performance and other market conditions, increase or decrease its investment position.

FOR FURTHER INFORMATION, OR TO OBTAIN A COPY OF THE EARLY WARNING REPORT FILED BY LIBERTY 77 CAPITAL L.P. AND LIBERTY 77 FUND INTERNATIONAL L.P. UNDER APPLICABLE SECURITIES LEGISLATION, PLEASE SEE LIONS GATE'S ISSUER PROFILE ON THE SYSTEM FOR ELECTRONIC DOCUMENT ANALYSIS AND RETRIEVAL AT WWW.SEDARPLUS.CA OR CONTACT:

William Barratt
Director of Compliance, Liberty Strategic Capital
Tel: [phone]

SOURCE Liberty 77 Capital L.P.