September 29, 2017 – Nasdaq (Nasdaq: NDAQ) announced that trading in Rovio Entertainment ‘s shares (short name: ROVIO) commenced today on the prelist of Nasdaq Helsinki. Rovio Entertainment Corporation is a medium cap company within the Consumer Goods sector. The company’s shares are estimated to move to the main market of Nasdaq Helsinki on October 3, 2017. Rovio is the 79th company to be admitted to trading on Nasdaq’s Nordic markets* in 2017, and it represents the ninth listing on Nasdaq Helsinki in 2017.
Rovio is a games-first entertainment company that creates, develops and publishes mobile games and acts as a brand licensor in various entertainment and consumer product categories. The Company is best known for the global Angry Birds brand, which started from a popular mobile game in 2009. Today, the Company offers multiple mobile games, has produced The Angry Birds Movie, which opened number one in theatres in 50 countries, and licenses the Angry Birds brand to consumer products and other entertainment content. Rovio’s operations are divided into two business units, Games and Brand Licensing. The Games business unit accounted for 79 percent of Rovio’s revenue for the twelve months ended June 30, 2017. For more information, please visit www.rovio.com.
"We feel extremely happy and honoured to have received so much interest towards Rovio’s IPO both by Finnish and international investors. Today's listing on Nasdaq Helsinki is an important milestone in developing Rovio into an even stronger games-first entertainment company", comments Kati Levoranta, CEO of Rovio.
“We congratulate Rovio on its listing today, and warmly welcome the company to Nasdaq Helsinki”, said Henrik Husman, President of Nasdaq Helsinki. “It is truly an honor for us to have a world-known gaming company to join our markets, and we look forward to supporting Rovio with the strong liquidity and international investor reach that a listing on our main market brings.”
“Rovio truly embodies the innovation currently taking place in the Nordics and we are excited to have them join the Nasdaq family,” said Adam Kostyál, SVP and Head of European Listings at Nasdaq. “The success of the Nasdaq Nordic gaming sector continues to attract international gaming companies to our markets, and we look forward to supporting Rovio on their continued growth journey as a publicly traded company.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
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