As it states in the announcement on company’s website, the listing is expected to be proceeded in 2016.
Cherry’s Board believes, that the company is “well prepared” to be listed on Nasdaq Stockholm and that the measure “would increase the possibilities for institutional investors to invest in Cherry’s shares and create conditions of improved liquidity in the share”.
“A stock market listing on Nasdaq Stockholm gives an extra seal of quality for the company regarding its operations” , comments Rolf Åkerlind , Chairman of Cherry.
The company’s Board underlines, that the shareholders won’t need to take any actions linked to the listing on Nasdaq Stockholm. Cherry’s ticker symbol “CHER B”, will remain unchanged.