1st Jun 2015 05:44
LONDON (Alliance News) - Entertainment One PLC has denied reports that it is considering abandoning its London listing following comments made by its chief executive in an interview with The Sunday Telegraph.
Darren Throop, the chief executive of the film and television company, which makes the Peppa Pig children's series, told the newspaper that the company is considering shifting its listing to New York in order to court more supportive investors.
But a spokesperson for the company said the comments made by Throop did not suggest that a move was planned nor was it imminent. Speaking to City AM, the spokesperson said: "The company does always consider options that would benefit both its shareholders and the company's future growth opportunities. To be entirely clear, Entertainment One has no plans to move its listing to any other market at this time."
http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/11639880/Peppa-Pig-maker-Entertainment-One-considers-move-to-New-York.html
http://www.cityam.com/216802/entertainment-one-rejects-claim-it-will-move-listing-new-york
By Sam Unsted; [email protected]; @SamUAtAlliance
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