Nasdaq Stockholm’s listing committee has approved Cherry AB (publ) class B shares for listing on the northern stock exchange, subject to the customary conditions, including the Swedish Financial Supervisory Authority’s approval and registration of a prospectus.
Trading on the Nasdaq Stockholm exchange is expected to commence on Wednesday 18 October 2017, the company announced Friday.
The shares will be traded in the Mid Cap segment under the same ticker (CHER B) and with the same ISIN code (SE0010133256) as previously. No new shares will be issued in connection with the transfer to Nasdaq Stockholm and holders of shares in Cherry AB need not take any action in connection with the delisting from AktieTorget or the listing on Nasdaq Stockholm.
“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,” said Anders Holmgren, CEO of Cherry AB.
Due to the transfer to Nasdaq Stockholm, Cherry’s class B shares will be delisted from AktieTorget. The final day of trading of Cherry’s class B shares on AktieTorget is expected to be Tuesday, 17 October 2017.