You will be redirected back to your article in seconds

Entertainment One lists on London exchange

'Twilight' distrib will move its base to Canada

Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up.

The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base and attract more institutional investors.

Coinciding with the move, the group is relocating its place of incorporation from the Cayman Islands, where it registered legal status, to Canada, where it plans to unveil a new corporate identity.

CEO Darren Throop said the move to the main London market and relocation “creates an opportunity to ensure that there is a clear link between our global entertainment and distribution operations and our publicly traded entity.”

U.K.-based investment house Marwyn owns a 41% stake in the group.

The company’s preliminary financial results for the year ending March 31 saw revenue growth of 30% to £444.2 million ($683 million).

Its distribution arm E1 Entertainment recently released “The Twilight Saga: Eclipse” in Canada, where it has so far generated more than $19 million, and in the U.K., where it has taken $26.8 million in box office receipts.

The distrib also has helmer Giuseppe Tornatore’s “Baaria” and Kristen Stewart starrer “The Runaways” on its slate.

E1 TV division’s summer ratings hit “Rookie Blue” was recently reupped just three weeks after the cop series preemed on ABC in the U.S. and Global in Canada.

(Jennie Punter contributed to this report.)

More Film

  • Isle of Dogs

    The 10 Best Films of the 2018 Berlin Film Festival

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • Indian Actress Sridevi Kapoor Arrives For

    Legendary Bollywood Actress Sridevi Dies at 54

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • NMHC Impact Awards

    Aubrey Plaza, NHMC President Call Out Under-Representation of Latinos at Impact Awards

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • Emma Chambers'HOW DO YOU WANT ME'

    'Notting Hill' Actress Emma Chambers Dies at 53

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • Las herederas The Heiresses

    Berlin Double Silver Bear Winner 'The Heiresses' Sells Major Territories (EXCLUSIVE)

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • Touch Me Not

    Berlin Festival Awards: 'Touch Me Not' Wins Golden Bear for Best Film

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

  • Dovlatov

    Berlin: Netflix, Multiple Foreign Distributors Take Alpha Violet’s ‘Dovlatov’

    Entertainment One, which operates under the E1 Entertainment banner, has secured a listing on the London Stock Exchange, opening Thursday with shares at 82p ($1.26) and trending up. The Toronto-based media company, which has offices in London, was previously listed on the London Alternative Investments Market. The move was intended to broaden its shareholder base […]

More From Our Brands

Access exclusive content