TV-Loonland Files for British AIM Listing
On Sept. 1, 2004, TV-Loonland filed to have its 7,156,969 shares listed on the British AIM market as a second listing. The shares are expected to be admitted and start trading on September 30, 2004, subject to the LSEs approval. The filing used a fast track route process an abbreviated admission procedure for companies already listed on other selected stock exchanges.
Dr. Markus Schäfer, head of home entertainment and manager of the AIM Listing project, said, We are delighted that our shares will soon be traded on the prestigious AIM in London and are expecting that our successful (home entertainment) activities in the U.K. will show equally well in our share performance.
TV-Loonland expects higher share liquidity from the listing on the AIM. The managing board is confident that the fact that TV-Loonland shares are being additionally traded on the AIM will make them more attractive to British investors in particular. The listing on the London Stock Exchange does not affect the trading of the TV-Loonland share on the German stock exchanges Prime Standard.
TV-Loonland is an integrated media company and counts among the leading international producer-distributors of animation for children, youth and families. TV-Loonland has development teams and production facilities in Continental Europe, Great Britain and the U.S., a comprehensive rights catalogue as well as a worldwide operating distribution team. TV-Loonland AG is listed at the premium stock exchange segment of Deutsche Börse Prime Standard. For more information, visit www.loonland.de/.