NASDAQ OMX Stockholm’s Listing Committee has approved an application for listing of G5 Entertainment AB’s (publ) (“G5 Entertainment” or “the Company”) shares on NASDAQ OMX Stockholm, Small Cap. Trading is expected to commence on June 10, 2014.
As a result of the listing on NASDAQ OMX Stockholm, the trading of G5 Entertainment’s shares on Aktietorget will be discontinued. Last day of trading on Aktietorget is expected to be on June 9, 2014.
Shareholders do not need to take any action in conjunction with the listing and the share will be traded under the same ticker symbol, G5EN. No new shares will be issued in conjunction with the listing.
G5 Entertainment has developed a business model that is both successful and scalable, as illustrated by the Company’s history. Coupled with the underlying market conditions and trends in the mobile games market, the Company is optimistic about the future.
The listing will provide G5 Entertainment with further access to the Swedish and international capital markets to support its growth and continued development. The Board of Directors expects that the listing of the shares will generate increased attention and brand awareness among existing and potential customers, developers and consumers. Moreover, the larger institutional investor base active on NASDAQ OMX Stockholm will allow the Company to attract capital at a lower cost and with greater ease, should external capital be needed.
A prospectus for the listing will be published on June 10, 2014 and made available on the Company’s website, www.g5e.com.
Odd Bolin, CFO, +46 70 428 3173
The G5 Entertainment group is a developer and publisher of high quality downloadable casual games for iPhone, iPad, Android, Mac, and Windows 8. G5 Entertainment’s portfolio includes popular casual games like The Secret Society, Virtual City Playground, Supermarket Mania, Special Enquiry Detail, Stand O’Food, and Mahjongg Artifacts. G5 Entertainment AB is listed on the Aktietorget stock exchange in Stockholm since 2008.
This information was distributed by Aktietorget http://www.aktietorget.se/