European online gambling group LeoVegas AB has announced that it has been approved to upgrade its share listing onto the main Nasdaq Stockholm market.
The approval granted by Stockholm’s listing authority, sees LeoVegas upgrade its share listing from the mid-cap First North Premier to the main Nasdaq Stockholm Exchange.
Updating investors, LeoVegas governance announced that it expects to end First North Premier trading on 2 February, with the online gambling firm targeting a Monday 5 February debut on the Nasdaq Stockholm Exchange.
Ahead of its new listing, LeoVegas governance will publish a new corporate prospectus, outlining the firm’s strategic vision as a Nasdaq Stockholm enterprise.
A pleased Gustaf Hagman, Group CEO of LeoVegas AB commented on the Nasdaq Stockholm approval
“This change in the listing can be credited to a strong team effort by everyone at LeoVegas, and I want to take this opportunity to express extra praise to my team for the hard work they have done to bring this across the finish line.”
“The change in listing strengthens the Group and gives us an even better quality seal in our communication and cooperation with authorities, licensors and partners. For institutional investors – both in Sweden but even more so abroad – we will become more accessible and attractive as a company. Today is a big day for LeoVegas and yet another step in our ongoing journey of growth.”
Source: SBC News
