Entertainment One Ltd Application for Additional Listing (0019K)
04 July 2017 - 4:00PM
UK Regulatory
TIDMETO
RNS Number : 0019K
Entertainment One Ltd
04 July 2017
Date: 4 July 2017
On behalf of: Entertainment One Ltd. (the 'Company')
Embargoed until: 0700 hours
Entertainment One Ltd.
Application for Additional Listing
Entertainment One Ltd. announces that application has been made
to the Financial Conduct Authority and the London Stock Exchange
for the listing of 778,516 common shares of no par value each in
the capital of the Company (the 'Shares') to be admitted to the
Official List and to trading on the London Stock Exchange.
The Shares will be issued to satisfy additional consideration in
relation to the Group's acquisition of Renegade 83 (as announced on
24 March 2016) and will rank pari passu in all respects with the
existing issued common shares of the Company.
As outlined in the original announcement, the additional
consideration is linked to the EBITDA performance of Renegade 83 to
31 December 2016. The LA-based production company had a strong year
and that momentum has continued into 2017 with the ongoing success
of established shows such as Naked and Afraid XL, upcoming shows
such as VH1's Scared Famous, and a number of new series in the
pipeline.
Admission of the Shares is expected to be effective on 6 July
2017.
Enquiries:
Redleaf Communications Rebecca Sanders-Hewett +44(0)20 7382 4730
David Ison eOne@redleafpr.com
Entertainment
One Ltd. Patrick Yau +44 (0)20 3714 7931
Notes to Editors:
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is a global independent studio
that specialises in the development, acquisition, production,
financing, distribution and sales of entertainment content. The
Company's diversified expertise spans across film, television and
music production and sales, family programming, merchandising and
licensing, and digital content. Through its global reach and
expansive scale, powered by deep local market knowledge, the
Company delivers the best content to the world.
Entertainment One's robust network includes film and television
studio The Mark Gordon Company; content creation venture Amblin
Partners with Steven Spielberg, DreamWorks Studios, Participant
Media, and Reliance Entertainment; newly-launched MAKEREADY with
Brad Weston; leading feature film production and global sales
company Sierra Pictures; unscripted television production company
Renegade 83; world-class music labels Dualtone Music Group and Last
Gang; and award-winning digital agency Secret Location.
The Company's rights library, valued at US$1.5 billion (as at 31
March 2016), is exploited across all media formats and includes
more than 100,000 hours of film and television content and
approximately 40,000 music tracks.
www.entertainmentone.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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