Company says it will help them create conditions for improved liquidity
Cherry prepares to list its shares on Nasdaq Stockholm
The Board of Cherry AB (PLC ) intends to apply for listing of its shares on Nasdaq Stockholm.
2015-12-14
Reading time 33 seg
The Board of Cherry AB (PLC ) intends to apply for listing of its shares on Nasdaq Stockholm.
The board believes that Cherry is well prepared to be listed on Nasdaq Stockholm. It would increase the possibilities for institutional investors to invest in Cherry's shares and create conditions for improved liquidity in the share.
Cherry's shares have been traded since September 12, 2006 on AktieTorget and the listing on Nasdaq Stockholm is expected in 2016.
“A stock market listing on Nasdaq Stockholm gives an extra seal of quality for the company regarding its operations” , said Rolf Åkerlind , Chairman of Cherry.
Shareholders in Cherry will not need to take any action in connection with the listing on Nasdaq Stockholm. Cherry's share will maintain its ticker symbol "CHER B" and also have the same ISIN-code as before, ie SE0005191426.
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