Stockholm, September 14, 2011 — The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ), announces that the trading in 5050 Poker Holding AB (short name: 5050 B) shares will commence today, September 14, on First North at NASDAQ OMX Stockholm. 5050 Poker belongs to the Consumer Discretionary sector and is the tenth company to be admitted to trading on First North in 2011. It is the third IPO of the year at First North, which in addition has had three switches from other markets, three spin-offs and one cross listing.
5050 Poker Holding AB was founded in 2007 and owns and manages companies that operate within the online gaming industry. The current focus area is online poker, but will be extended to casino, betting, and entertainment gaming. The business is aimed primarily at customers in Europe. In 2010 the company more than doubled its turnover to 22 million SEK, and today has more than 12,000 registered players. 5050 Poker's vision is to create value for its customers, employees, partners and investors by offering a platform for high quality poker and gambling services.
Jenny Rosberg, Vice President NASDAQ OMX Nordic, said: “It is rewarding to see an oversubscribed IPO in times of economic turmoil, which is proof that the market has confidence in 5050 Poker’s business model and growth potential. In uncertain market conditions NASDAQ OMX is committed to support and help growth companies like 5050 Poker raise capital to support future expansion and to maximize its exposure to the global investor community.”
Patrick Sjögren, CEO 5050 Poker Holding AB commented: “We are very pleased with the strong interest in our listing, and now we look forward to benefiting from the investor reach and brand awareness that comes with being a listed company. We have shown significant growth in the last year and will leverage our listing at First North to continue to build an international and profitable gaming company.”
5050 Poker Holding AB has appointed Thenberg & Kinde Fondkommission as Certified Adviser.
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