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Entertainment One to graduate to the main market - Media Coverage

May 31st 2010


Aim graduates target growth in a big league - FT

By David Blackwell
 

Two Aim-quoted companies graduated to the main board of the London Stock Exchange last week, and another is to make the move in July.The three, which operate in diverse sectors, are hoping that by leaving Aim they will become more attractive to institutional investors.

....Entertainment One, which owns the rights to television programmes such as Life on Mars and Will & Grace, reversed on to Aim in 2007, raising £85m at 100p. Despite last week announcing maiden profits before amortisation and exceptionals of close to £23m on revenues up 30 per cent at £444m, the shares closed on Friday at 66p, giving it a market capitalisation of £109m.

To read the full article please visit the Financial Times

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