As previously communicated, Cherry AB (publ) has been preparing for an uplisting from AktieTorget to Nasdaq Stockholm, which was scheduled to be completed during the first half of 2017. Due to the recently completed and significant acquisition of Come On Malta Ltd, and the work with finalising the integration that has been ongoing since July 2016, Cherry has decided to postpone the application for uplisting to Nasdaq Stockholm until after the summer. The company is in a strong position in relation to the uplisting and the preparations continue with high priority. The decision allows the company to focus on finalising the integration with ComeOn, and also the latest acquisition of the game development company Highlight Games that was communicated to the market last week.
For further information, please contact:
Anders Holmgren, CEO, +46 708 607 534, firstname.lastname@example.org
Morten Klein, Chairman of the Board, Cherry AB (publ), Mobile +47 913 22 222, email@example.com
Carolina Haglund Strömlid, Head of Investor Relations & Communications, +46 708 807 173, firstname.lastname@example.org
This information is information that Cherry AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above on 17 May 2017.