Stockholm, May 31, 2016 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Paradox Interactive AB’s shares (short name: PDX) commenced today on Nasdaq First North Premier in Stockholm. Paradox Interactive belongs to the consumer goods sector and is the 32nd company to be admitted to trading on Nasdaq’s Nordic markets* in 2016.
The Paradox Interactive group today includes publishing and internal development of PC-games and licensing White Wolf’s brands. The publishing operation publishes both internally developed titles and titles developed by independent studios, as well as music and books. The game portfolio today includes more than 75 titles, including the Paradox Interactive owned brands Europa Universalis, Hearts of Iron, Crusader Kings, Cities: Skyline. Approximately one million gamers play a Paradox game each month and the number of Paradox users exceeds five million. For more information, please visit www.paradoxinteractive.com.
“I am very pleased with the very large interest shown in Paradox during the listing process – from fans, employees and other parties with a long-term interest in our company,” said Fredrik Wester, CEO and founder of Paradox Interactive. “The listing will provide us with improved opportunities to continue on our profitable path and implement our strategy to immerse ourselves in our gaming niches, broaden our technology platform and expand beyond our core markets in order to create a better presence closer to our fans.”
“We are excited to welcome Paradox Interactive to Nasdaq First North Premier, where it will make a compelling addition to our consumer goods sector” said Adam Kostyál, senior vice president and head of European listings at Nasdaq. “We continue to see an inflow of gaming companies leveraging the public markets as a platform for future growth, and we look forward to working with Paradox Interactive for many years to come.”
Paradox Interactive AB has appointed Avanza Bank AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market”
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