'Twilight' group to transfer from AIM

The film company which brought the popular Twilight series of movies to Britain is preparing to sink its fangs into London's main stock market next month after the UK listing authority approved its prospectus.

Investors in Entertainment One are expected next week to approve its transfer from the AIM market, which will see it admitted to the official list on 15 July. Analysts at Singer Capital Markets predicted a further lift in Entertainment One's share price with the release of the third of its vampire movies, The Twilight Saga: Eclipse, next month.

Entertainment One said trading in the first two months of its financial year had met expectations, and it was confident the momentum would continue.