Twilight firm eyes premium listing on LSE 

ENTERTAINMENT One, the film and TV content company, said yesterday that it is looking to promote its stock to a premium listing after a particularly strong fourth quarter.

Listed on the London Stock Exchange, the group moved from AIM to the main market in July 2010 and said it hopes to upgrade its shares in the coming year.

Entertainment One said full-year results will be in line with expectations after a busy year of film releases, including Bafta-winning Tinker Tailor Soldier Spy, boosted revenues.

Breaking Dawn Part One, the latest instalment of the Twilight franchise and Entertainment One’s biggest hit to date, was issued on DVD earlier this month and quickly became the UK’s highest selling release so far this year.

The entertainment distribution company also had a successful year in the US, where its TV show Peppa Pig was granted extra broadcast time.

The porky character will trot over to Asia in the coming year and a new range of Peppa Pig toys will hit shop shelves in time for Christmas.

Last month the company said it had ditched plans to sell itself in favour of making a major acquisition. Entertainment One said yesterday it was still assessing opportunities.

Its shares closed 1.6 per cent higher at £1.55 yesterday.