Film financier Great Point set for London IPO
Great Point Entertainment Income Trust will finance films and shows on television and streaming platforms such as Netflix.
Great Point Entertainment Income Trust (GPEIT) today announced its intention to float on the main market of the London Stock Exchange.
The London-based group will offer a target issue of 200m shares at 1 penny each at an initial issue price of £1 per ordinary share.
GPEIT is a newly established investment company which will finance content makers and commissioners in the television and film industry.
Its investment goal is to provide shareholders with dividend income and modest capital growth through exposure to media content finance.