LeoVegas has been formally approved for listing on Nasdaq Stockholm.
The approval is conditional upon fulfilment of customary conditions and the last day of trading on First North Premier is expected to be February 2, with the first day for trading on Nasdaq Stockholm on February 5.
The company’s board believe the listing change will strengthen the brand and position the firm for moves into additional regulated gaming markets, while granting broader access to Swedish and international capital markets.
LeoVegas Group CEO Gustaf Hagman said: "This change in listing can be credited to a strong team effort by everyone at LeoVegas and I want to take this opportunity to express extra praise to my team for the hard work they have done to bring this across the finish line.
“The change in listing strengthens the group and gives us an even better quality seal in our communication and cooperation with authorities, licensors and partners. For institutional investors – both in Sweden but even more so abroad – we will become more accessible and attractive as a company. Today is a big day for LeoVegas and yet another step in our ongoing journey of growth."
