1 Jul 2013 07:00
THIS ANNOUNCEMENT DOES NOT CONSTITUTE A PROSPECTUS OR PROSPECTUS EQUIVALENT DOCUMENT AND NEITHER THIS ANNOUNCEMENT NOR ANYTHING HEREIN FORMS THE BASIS FOR ANY OFFER TO PURCHASE OR SUBSCRIBE FOR ANY SHARES OR OTHER SECURITIES IN THE COMPANY NOR SHALL IT FORM THE BASIS FOR ANY CONTRACT OR COMMITMENT WHATSOEVER.
ENTERTAINMENT ONE LTD.
1 July 2013
TRANSFER TO A PREMIUM LISTING
Entertainment One Ltd. ("eOne" or the "Company") announces the approval by the UK Listing Authority of the transfer of the listing category of all of its common shares from the standard listing segment to the premium listing segment of the Official List of the Financial Conduct Authority, in accordance with Listing Rule 5.4A (the "Transfer"). The Transfer will take effect at 8.00 a.m. today.
eOne has appointed J.P. Morgan Cazenove as joint corporate broker to eOne.
The Company also announces that Mark Watts has resigned as a Director of the Company effective immediately prior to the Transfer, as previously advised in the Shareholder Circular of 23 May 2013.
Darren Throop, Chief Executive Officer, commented:
"Today marks a significant day for the Group following a transformational year and consistent performance since listing. The Board believes that a premium listing is now appropriate for eOne, and is indicative of the successful evolution of the Group. The premium listing will create a wider exposure which will ultimately be advantageous for the Group and its shareholders. We look forward to being considered for the UK FTSE Index Series and the benefits that this would bring."
Enquiries
RedleafPolhill
Emma Kane/Rebecca Sanders-Hewett
+44 (0) 20 7566 6720
eOne@redleafpr.com
Entertainment One Ltd.
Giles Willits
Via RedleafPolhill
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 US, the UK, Ireland, Spain, Benelux, France, Germany, Scandinavia, Australia, New Zealand, South Africa and South Korea.
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 35,000 film and television titles, 2,800 hours of television programming and 45,000 music tracks.