Mayer Brown advises Entertainment One on transfer to the premium list
23 May 2013
London - Leading global law firm Mayer Brown is advising Entertainment One Ltd on its proposed transfer from the standard listing segment to the premium listing segment of the Official List of the Financial Conduct Authority. It is anticipated that, subject to the premium listing becoming effective and other conditions being met, Entertainment One will be considered for inclusion into the FTSE UK Index Series, in August 2013, which includes FTSE 100, FTSE 250 and FTSE All Share indices.
Entertainment One has a combined library of more than 35,000 film and television titles including the Twilight film series, Lord of the Rings and Peppa Pig, and is the world’s largest independent film distributor.
It is anticipated that the transfer to the premium listing segment will take effect on 1 July 2013, conditional upon the passing of certain resolutions to be proposed to shareholders at its annual and special meeting on 28 June 2013 and the approval of the UK Listing Authority.
Robert Hamill, London Corporate partner, commented: "The move to a premium listing will attract new investors and put Entertainment One in a strong position so we are delighted to have worked alongside them on this transformational step."
The Mayer Brown team was led by Corporate partner Robert Hamill and included senior associate Rebecca Bothamley and associate Frances Hull.
Mayer Brown has advised Entertainment One since its incorporation and last year advised the company on their £143.7 million acquisition of Alliance Films, the major Canadian film distribution company.