Film studio lists on the main market
THE studio behind the smash-hit Twilight series stepped up to the main market yesterday.
Entertainment One, which is also responsible for the Peppa Pig children’s series, moved its listing from the Aim-market.
Chief executive Darren Throop said: “I am delighted to lead Entertainment One onto the
main market today.
“Our graduation from Aim illustrates the maturity and strength of the group and follows on from the continued success of our film and television businesses.
“Our admission to the official list enhances the strength of the group and further endorses the strategy we have pursued over the past three years.
“Today we have the ideal platform to deliver further growth and enhanced shareholder value.”
The firm is also planning to move its incorporation from the Cayman Islands to Canada to improve its market perception and attract a wider investor base.
As part of the arrangements, the company will also change its domicile from the tax haven of Jersey to Canada for simplicity and ease of compliance with regulatory requirements in the Canadian film and TV distribution sector.