Nasdaq Stockholm Welcomes Raketech Group to First North Premier
Stockholm, June 29, 2018— Nasdaq (Nasdaq: NDAQ) announces that the trading in Raketech Group Holding plc’s shares (short name: RAKE) will commence today on Nasdaq First North Premier in Stockholm. Raketech Group Holding (“Raketech”) belongs to the consumer services sector and is the 49th company to be admitted to trading on Nasdaq’s Nordic markets* in 2018.
Raketech is an online-based marketing company. Its primary business involves offering products that enable the company to guide users in the iGaming market who are interested in sports and gambling to the best gambling services. Raketech focuses on around 20 websites which generate traffic and online players to more than 300 brands belonging to 80–100 different iGaming operators. Raketech has 95 employees and is headquartered in Malta. For more information, please visit www.raketech.com.
“We are very pleased about the strong interest in Raketech demonstrated by the public and institutional investors during the listing process,” said Michael Holmberg, CEO of Raketech. “The strong demand from both Swedish and international investors confirms our belief in our strategy, our offering as well as our potential. This is an important milestone for us, and we welcome all new owners to the continuation of Raketech’s journey.”
”We welcome Raketech to our European growth market, Nasdaq First North,” said Adam Kostyál, SVP and Head of European Listings, Nasdaq. “Raketech is yet another example of an iGaming company that leverages Nasdaq First North as a platform for growth, and we look forward to stand by them on their continued journey as a Nasdaq listed company.”
Raketech Group Holding plc has appointed Erik Penser Bank AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market.
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