Evolution Gaming to list on Nasdaq Stockholm

Evolution Gaming to list on Nasdaq Stockholm

Monday, June 5, 2017 Posted by James Walker
The first day of trading on Nasdaq Stockholm is expected to be on 7 June

Nasdaq Stockholm’s listing committee has approved live casino pioneer Evolution Gaming Group for listing on the main market, subject to customary conditions.

The first day of trading on Nasdaq Stockholm is expected to be on Wednesday, 7 June. Due to the listing on the main market, Evolution will be de-listed from Nasdaq First North Premier.

The company’s shares will be traded in the Large Cap segment. The ticker EVO, as well as the ISIN code SE0006826046, will remain unchanged.

“The list change is an important milestone for Evolution Gaming,” said Martin Carlesund, CEO of Evolution. “Our public journey started in 2015, with the listing on Nasdaq First North Premier, and now continues on Nasdaq Stockholm’s main market.

The shift to Nasdaq’s main market comes amid a period of strong growth for Evolution.

Founded in 2006, the company has helped to revolutionise the live dealer sector, with clients including 888, SportingBet, Ladbrokes, Unibet, Paddy Power, SkyBet and several leading land-based casino operators.

This year alone has seen the company chalk up deals with a range of operators, including Matchbook, myBet Group, Codere, Grand Casino Bucharest and Dutch lottery operator, Nederlandse Loterij.

In April, Evolution announced it was developing a new live casino studio in the Metro Vancouver area of Canada. The state-of-the-art studio, its first outside of Europe, will launch before the end of the year and is the result of an agreement to provide live casino games and services for the British Columbia Lottery Corporation (BCLC).

Totally Gaming says: Promoting its listing from First North Premier to the bigger Nasdaq Stockholm is a wise move for an ambitious Evolution Gaming, as the company will have access to better liquidity and a wider range of investors. Nasdaq Stockholm has served as a fine home to number of industry players in recent years, and should prove a good fit for Evolution Gaming and its shareholders.

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