Mr Green Moves its Main Market Listing to Nasdaq Stockholm
Online gambling company Mr Green has announced that the company has officially moved its main market listing from Sweden’s mid-sized AktieTorget to the bigger Nasdaq Nordic Market.
The European iGaming operator was founded in 2007 and is now the 76th enterprise to list at Nasdaq’s Nordic markets in 2016.
Earlier last month, Mr Green’s governance stated that it would change its main listing, given that it was a “logical step” for the company’s long-term progression.
Mr Green also believed that its placement on the main Nasdaq Scandinavian market would help the operator in its quest to target international growth, helping it to attract a broader range of investors.
Commenting on the firm’s Nasdaq Nordic listing, Mr Green CEO Per Norman said: “We launched our new technology platform earlier this year and have already started to implement and deliver on our new business strategy, and there is no doubt that our customers like the new Mr Green.”
He added: “I am happy and proud of what our organisation has achieved in such a short period of time and look forward to our journey of change towards continued growth.”
Adam Kostyál, Senior Vice President and Head of European listings at Nasdaq, also commented: “We welcome Mr. Green to the Nasdaq Stockholm main market, where it will make a compelling addition to our consumer services sector.
“Mr Green is yet another example of an online gaming company leveraging Nasdaq Stockholm as a platform for future growth, and we congratulate the company on its listing.”
Reuters reported Mr Green’s financial targets in conjunction with the new listing, stating that the company plans to achieve annual organic growth that exceeds the online gaming industry.