Good to its undertaking to investors in October last year the major online gambling group Sportingbet has transferred its entire issued ordinary share capital to the more senior London Stock Exchange, leaving the Alternative Index Market behind.
The move takes effect from May 14th 2010.
“We believe that the Official List is the most appropriate platform for the continued growth of the company by increasing Sportingbet’s profile, assisting in the liquidity of the company’s shares and providing a greater range of potential investors,” said chief executive Andrew McIver.