Stockholm, October 18, 2017 — Nasdaq (Nasdaq: NDAQ) announced that Cherry AB (short name: CHER B), a mid cap company within the consumer services sector, has started trading of its shares on the main market of Nasdaq Stockholm. Cherry is the 90th company to list at Nasdaq’s Nordic markets* in 2017.
Cherry is a Swedish gaming company specialized in online casinos, online lotteries and game development. The company’s strategy is to own and develop rapidly expanding and profitable gaming and casino companies, and its objective is to grow both organically and through strategic acquisitions. Cherry currently employs approximately 1,100 professionals and is headquartered in Stockholm, Sweden. For more information, please visit www.cherry.se.
“Cherry was founded as far back as in 1963 and has a long history of developing the Swedish gaming sector. The company has always been at the forefront in meeting players’ requirements and demands for entertaining and innovative games. Several of today’s listed gaming companies can trace their roots back to Cherry and we are proud of the values that have been generated. Cherry’s ambition is to remain a key player, contributing to our own development and to interest in our sector. The listing on Nasdaq Stockholm brings opportunities for continuing our growth journey and meeting new stakeholders who will help us strengthen our position as the most complete gaming company,” said Anders Holmgren, CEO of Cherry.
“We welcome Cherry to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Cherry will make a compelling addition to our growing number of gaming sector companies, and we look forward to support them with the visibility and investor exposure that comes with a Nasdaq Stockholm main market listing.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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