TGE plans secondary listing on London Stock Exchange

The Generation Essentials Group (NYSE: TGE) announced plans to pursue a secondary listing on the London Stock Exchange, according to a company statement. The media and entertainment company's Class A Ordinary Shares would be admitted to trading on the LSE's Main Market for listed securities, subject to regulatory approval.

TGE currently trades on the New York Stock Exchange and was jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD) and AMTD Digital Inc. (NYSE: HKD). The company is headquartered in France and operates in multimedia, entertainment, cultural affairs, hospitality and VIP services.

The company stated the London listing aims to serve its geographically diverse shareholder base, increase share trading liquidity and establish its profile in what it describes as a key growth market. TGE indicated the listing aligns with its business presence and strategy across the UK and Europe.

TGE's portfolio includes L'Officiel, The Art Newspaper, movie and entertainment projects, and what the company describes as premium properties. The announcement noted that TGE will provide updates on the listing process in accordance with applicable disclosure rules.

The company emphasized that the announcement does not constitute an offer or invitation to subscribe for or purchase securities in any jurisdiction.

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