Virgin Media to Take Secondary Listing on London Exchange

Authored by Mark Hefflinger on September 28, 2009 - 6:33am.

London - Virgin Media (NASD: VMED), the U.K.-based ISP and cable TV provider, announced on Monday that it has filed for a secondary listing on the London Stock Exchange.

The company already has a primary listing on the Nasdaq in the U.S. Virgin Media CEO Niel Berkett told Dow Jones that the secondary listing aims to increase the company's profile among investors in the U.K. and continental Europe.

Berkett also discounted any need for the company to raise additional funds in the short term.

Virgin Media shares are expected to begin trading on the London Stock Exchange under the ticker symbol "VMED" as of Oct. 1.

http://online.wsj.com/article/BT-CO-20090928-709214.html

http://www.virginmedia.com