SBC News Voice of the Sports Betting Industry
Updating the market, industry affiliate marketing and player acquisition firm Catena Media has informed that it has been approved for the listing of its shares on the Stockholm Nasdaq main market.
The company now awaits final approval from the Swedish Financial Supervisory Authority to complete its full listings migration from Nasdaq North Premier to the larger Stockholm Nasdaq.
Catena governance informs that it expects Stockholm Nasdaq trading to begin on Monday 4 September. Preparing for the listings migration the firm has suspended the trading of its shares on the Nasdaq North Premier.
“Our listing on Nasdaq Stockholm is a result of great teamwork and is proof of the solid organisation we have built. This will continue to enable our further growth. Another big milestone in our company’s history”, said Robert Andersson, CEO of Catena Media.
Founded in 2012 as a Malta-based web consultancy by Erik Bergman and Emil Thidell, by implementing an aggressive M&A strategy Catena has grown become one the largest industry affiliate marketing networks.
Presenting its latest half-year interim results, Catena declared group revenues of €30 million, combined with operating profits of €12 million.
Ahead of its Stockholm Nasdaq listing, Catena governance is set to publish a new corporate prospectus for interested investors, which will be published at https://www.catenamedia.com/investors/
