TGE, a media and entertainment company with a portfolio that includes L'Officiel, The Art Newspaper and a range of film and hospitality projects, announced that it intends to pursue a secondary listing on the London Stock Exchange’s Main Market, complementing its existing listing on the New York Stock Exchange.
The company is jointly owned by AMTD Group, AMTD IDEA Group and AMTD Digital Inc. The move is aimed at enhancing share liquidity for a geographically diverse shareholder base and strengthening TGE’s profile in the UK and broader European market, where the LSE is actively reviving its IPO market with initiatives such as stamp‑duty holidays for new listings.
To be admitted to the LSE Main Market, TGE must meet the exchange’s eligibility criteria, including a minimum free‑float, market‑capitalisation thresholds and audited financial statements for the past three years. The listing will be subject to regulatory approvals and further disclosures, and no definitive closing date or valuation has been disclosed yet.
The announcement comes at a time when the LSE is encouraging new listings, and TGE’s parent, AMTD Digital Inc., reported a 1,085.9 % increase in revenue for the first half of 2025 compared with the same period in 2024, driven largely by the consolidation of TGE’s businesses and growth in media, entertainment and hotel operations. This financial momentum underpins the company’s confidence in expanding its investor base through the secondary listing.
The secondary listing signals TGE’s strategy to broaden access for investors and potentially improve capital‑raising flexibility, while also providing a new trading venue that could enhance liquidity and market visibility for its diverse shareholder base.
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