Virgin Media has confirmed its intention to proceed with a secondary listing on the London Stock Exchange in a bid to increase its profile in the country that it serves.
The cablenet has filed a copy of its prospectus with the Financial Services Authority with the stock going live this Thursday (October 1), subject to the final approval from the Financial Services Authority and the London Stock Exchange. It will take the ticker symbol VMED.
The company’s primary listing will remain with the NASDAQ Global Select Market and no new shares will be released as a result of the new listing.