Entertainment One Regulatory News (ETO)

7 Jan 2010 15:57



7 January 2010

Entertainment One Ltd.

Issue of Class S shares

Entertainment One Ltd. today announces that it has issued 1,152,047 new Class S shares. These new Class S shares have been allotted in full and final settlement of the deferred consideration related to the acquisition of Maximum Film Distribution Inc. and Maximum Film International Inc. in September 2008. These Class S Shares rank pari passu with the existing Class S shares in the share capital of the company. 

Following the issue of the Class S Shares, the total number of ordinary shares in the Company will remain at 130,337,061 and the total number of Class S shares will be 17,710,897.  

The above figures 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 Disclosure and Transparency Rules.

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Entertainment One Ltd. (AIM: ETO) is a leading independent entertainment content owner that acquires film, television and music rights and exploits these rights in all media in more than 190 countries. The company currently operates in Canada, the U.S., the UK, Holland and Belgium through its two divisions: Entertainment (comprising Television, Film and Music) and Distribution. These businesses collectively represent E1's extensive expertise in film distribution, television and music production/distribution, Kids content, Licensing and Distribution. E1's content library includes more than 4,000 feature films, 2,800 hours of original television programming and 15,000 music tracks.