Online gaming company Playtech opened the London markets today in a ceremony at the London Stock Exchange as its shares progressed from AIM to the main market.
Playtech said the premium listing demonstrates recognition by the UK capital markets of the company's strong growth and performance, together with its good corporate governance and management team.
"This is a very exciting day for Playtech and we are delighted to be part of the Official List,” said Mor Weizer, CEO of Playtech. “We have experienced exceptional growth since the company's foundation in 1999 and today marks a significant milestone in its continued development."
With a market capitalisation of around £1bn and the official listing of its ordinary shares on the main market, Playtech said it is now aiming to strengthen its position as a leading supplier of software and services to the online gaming market.