HMV looks to change London Stock Exchange listing category

Tom Pakinkis

HMV wants to change its listing category on the London Stock Exchange from premium to standard.

The move would make it easier for the retailer to make “certain strategic decisions” in a more “timely and cost effective manner” at a time when it is looking to sell certain assets from its live division.

“The board considers that the proposed transfer is in the best interests of the company and its shareholders as a whole,” said a statement from the company.

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