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NEWS 30 November 2016

Mr Green moves main market listing to Nasdaq Stockholm

By Caroline Watson
Mr Green has confirmed that the company has officially moved its main market listing from Sweden’s mid-size Aktie Torget, to floating on the bigger Nasdaq Nordic Market (Stockholm).

Founded in 2007, the European igaming operator is now the 76th enterprise to list at Nasdaq’s Nordic markets in 2016.

Earlier this month, Mr Green’s governance stated that it would change main listing as it was a “logical step” for the company’s long-term progression.

As well as this, Mr Green believed that it’s placement on the Nasdaq’s main Scandinavian market would help the operator in its quest to target international growth, helping to “attract a broader range of investors”.

Commenting on the firm’s Nasdaq Nordic listing, Mr Green CEO Per Norms states: “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.

“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.”

Senior vice president and head of European listings at Nasdaq, Adam Kostyál says: “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 aims to achieve annual organic growth that exceeds the online gaming industry.

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