311 Views

Cherry AB gains approval for Nasdaq Stockholm listing

Swedish online casino operator Cherry AB (publ) has been approved by Nasdaq Stockholm’s listing committee for class B shares for listing on the Nasdaq Stockholm Stock Exchange.

Approval of the listing is subject to customary conditions, which include approval and registration of a prospectus by the Swedish Financial Supervisory Authority. Trading of Cherry AB (publ) on the Nasdaq Stockholm exchange is expected to begin on October 18, 2017.

According to the press release, the shares are to be traded in the Mid Cap segment with the same ISM code (SE0010133256) and under the same ticker (CHER B) as previously. No new shares of the stock will be issued as a result of the transfer to Nasdaq Stockholm and Cherry AB shareholders do not need to take any action resulting from either the listing on Nasdaq Stockholm or the delisting from AktieTorget.

Cherry AB Chief Executive Officer Anders Holmgren said, “Cherry is a profitable and rapidly-growing gaming company covering the entire value chain, from technology to consumer. The listing on Nasdaq Stockholm will provide us with increased exposure to the Swedish and the international capital markets.”

The transfer to Nasdaq Stockholm will reportedly result in Cherry’s class B shares being delisted from AktieTorget. Tuesday, October 17, 2017, is expected to be the final day of trading of Cherry’s class B shares on AktieTorget, according to the press release.

Cherry AB gains approval for Nasdaq Stockholm listing was last modified: October 15th, 2017 by K Morrison


Get the best viral stories straight into your inbox!

Don't worry, we don't spam

Latest Posts

Lord Aleems seems to be getting into trouble lately
Uncategorized
379 views
Uncategorized
379 views

Lord Aleems seems to be getting into trouble lately

admin - November 14, 2017

You’d think that the super rich kid Lord Aleem with all his expensive cars lives a life with little problems, but you’d be wrong. He made a…

WSOPC heads to the Seminole Hard Rock Hotel & Casino of Hollywood
Poker
258 views
Poker
258 views

WSOPC heads to the Seminole Hard Rock Hotel & Casino of Hollywood

admin - October 30, 2017

For the first time ever, the World Series of Poker Circuit and the Seminole Hard Rock Hotel & Casino in Hollywood, Florida are teaming up for the…

WSOPC Horseshoe Southern Indiana Main Event win goes to Justin Boggs
U.S.A.
243 views
U.S.A.
243 views

WSOPC Horseshoe Southern Indiana Main Event win goes to Justin Boggs

admin - October 26, 2017

The Horseshoe Southern Indiana Casino recently played host to the World Series of Poker Circuit, offering poker players the opportunity to enjoy quality tournament gaming. The most…

Macau reports decrease in National Day Golden Week visitors
Economy/Finance
235 views
Economy/Finance
235 views

Macau reports decrease in National Day Golden Week visitors

admin - October 22, 2017

The first four days of the annual National Day Golden Week holiday have reportedly seen the total number of visitors to Macau decline by 2% year-on-year to…

Juergen Trager wins Delaware Poker Championship main event
Poker
269 views
Poker
269 views

Juergen Trager wins Delaware Poker Championship main event

admin - October 19, 2017

The seventh annual Delaware Poker Championship was held at the Dover Downs Hotel and Casino over the weekend and saw more than 1,500 players compete in nine…

Fedor Holz signs sponsorship deal with partypoker
Poker
270 views
Poker
270 views

Fedor Holz signs sponsorship deal with partypoker

admin - October 17, 2017

Online poker brands regularly sign poker pros to their sites, to work as ambassadors or sponsored players during online and live events. The latest online poker room…

Sands Cotai Central to be re-branded as The Londoner Macao
Latest Casino and Gambling News
295 views
Latest Casino and Gambling News
295 views

Sands Cotai Central to be re-branded as The Londoner Macao

admin - October 16, 2017

In Macau, Las Vegas Sands Corporation has reportedly announced that it intends to spend approximately $1.1 billion in order to re-brand its Sands Cotai Central integrated casino…

Indigo Sky Casino opens second hotel tower
U.S.A.
282 views
U.S.A.
282 views

Indigo Sky Casino opens second hotel tower

admin - October 15, 2017

After announcing expansion plans last year, the Indigo Sky Casino has now opened a second hotel tower complete with guest rooms, conference space and a banquet center.…

Partypoker announces exit from Australia amidst iGaming law changes
Poker
240 views
Poker
240 views

Partypoker announces exit from Australia amidst iGaming law changes

admin - October 12, 2017

On August 9th, the Australian Senate passed a modified version of the Internet Gambling Amendment Bill 2016. Included in this bill was a provision that outlawed the…

Berlin Affiliate Conference begins in one week
Latest Casino and Gambling News
145 views
Latest Casino and Gambling News
145 views

Berlin Affiliate Conference begins in one week

admin - October 9, 2017

Registration ends soon for the biggest affiliate conference of the year, Berlin Affiliate Conference (BAC2017) opening November 1 at Messe Berlin and running through November 4. iGB…