Intertain set to begin LSE trading next week

Intertain Group has said it expects to begin trading on the London Stock Exchange (LSE) on January 25.

The company in July last year announced plans to relocate to the UK and list on the LSE.

The firm has now said that ordinary shares in its Jackpotjoy arm will be admitted to the standard listing segment of the Official List of the UK’s Financial Conduct Authority and commence trading on the Main Market for listed securities of the LSE from 08:00 GMT next Wednesday.

Intertain also said that the effective date of its previously-announced plan of arrangement is expected to occur contemporaneously, with the admission of the Jackpotjoy plc shares on January 25.

Andrew McIver, president and chief executive of Intertain, said: “We are excited to have reached this milestone in the implementation of our UK strategic initiatives, including the London listing of Jackpotjoy.

“We believe that these initiatives will provide a platform to further develop Intertain’s core assets for the long-term benefit of the company, its shareholders and other stakeholders.”

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