5 Jul 2012 07:00
Date: | 5 July 2012 |
On behalf of: | Entertainment One Ltd. ('the Company', or 'the Group') |
Embargoed until: | 0700hrs |
Exercise of Options
Entertainment One Ltd. announces that directors Darren Throop and Patrice Theroux have each exercised options over 330,000 common shares in the Company at an exercise price of C$0.01.
These options were originally issued in July 2007. If these options had not been exercised they would have lapsed on 5th July 2012 and would have been lost.
Following issuance of the common shares related to the exercise of the options, Darren Throop will own 6,570,562 common shares in the Company and Patrice Theroux will own 2,214,201 common shares in the Company, representing 3.4% and 1.1 % respectively of the issued common share capital of the Company.
Application is being made to the UK Listing Authority and to the London Stock Exchange for 660,000 common shares to be admitted to trading on the Main Market of the London Stock Exchange. It is expected that dealings will commence at 8.00am on 12 July 2012.
Following admission, the Company's increased share capital will comprise 196,205,230 common shares with voting rights. Therefore, the total number of voting rights in the Company will be 196,205,230.
The total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Service Authority's Disclosure and Transparency Rules.
Enquiries:
| ||
Redleaf Polhill | Emma Kane Rebecca Sanders-Hewett
| +44 (0) 207 566 6720
|
Entertainment One Ltd. | Giles Willits
| +44 (0) 207 907 3773
|
Cenkos Securities plc
Singer Capital Markets Limited
| Stephen Keys Adrian Hargrave
James Maxwell Nick Donovan | +44 (0) 207 397 8926
+44 (0) 203 205 7500 |
Notes to Editors:
Entertainment One Ltd. (LSE:ETO) is a leading international entertainment company that specialises in the acquisition, production and distribution of film and television content. The Company's comprehensive network extends around the globe including Canada, the U.S., the UK, Ireland, Benelux, France, Germany, Scandinavia, Australia, New Zealand and South Africa. Through established Entertainment and Distribution divisions, the company provides extensive expertise in film distribution, television and music production, family programming and merchandising and licensing. Its current rights library is exploited across all media formats and includes more than 24,000 film and television titles, 2,700 hours of television programming and 45,000 music tracks.
Further information is available at www.entertainmentonegroup.comor email Redleaf at eOne@redleafpr.com.