12/09/2019 | Press release | Distributed by Public on 12/09/2019 01:36
Copenhagen, December 9, 2019- Nasdaq (Nasdaq: NDAQ) announces that the trading in Astralis Group A/S's shares (short name: ASTGRP) will commence today on the Nasdaq First North Growth Market in Denmark. Astralis Group belongs to the consumer services sector and is the sixth company to be admitted to trading on Nasdaq Copenhagen's markets in 2019, and the 56th on Nasdaq's Nordic markets*.
Astralis Groupis a leading esports and media company operating three strong esport team brands; Astralis (Counter Strike), Origen (League of Legends), and Future FC (Fifa). The company is specialized in building high performing teams, global brands, engaging media channels and solid, innovative commercial partnerships around its respective esport teams. Astralis Group was founded in 2019 and is headquartered in Copenhagen, Denmark.
'We are grateful for the high interest we have experienced in Astralis Group,' said Nikolaj Nyholm, CEO of Astralis Group. 'We are pioneers in a global growth industry, and through the IPO we'll be able to strengthen and develop our global position even further. The 7.000 new shareholders have given us strong a vote of confidence, and we now have the responsibility to work hard and invest in reaching our full potential.'
'We are proud to welcome Astralis Group to the Nasdaq First North Growth Market, the first ever esport company listing in Denmark,' said Carsten Borring, Head of Listings, Nasdaq Copenhagen. 'Astralis Group operates in an exciting and innovative field and we look forward to supporting the company on its continued growth journey as a Nasdaq listed company.'
Astralis Group A/S has appointed Tofte & Company ApS as the Certified Adviser.
*Main markets and the Nasdaq First North Growth Market at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm
About Nasdaq First North Growth Market
Nasdaq First North Growth Market is a registered SME growth market, as defined by the Directive on Markets in Financial Instruments (EU 2014/65). It does not have the legal status as an EU-regulated market. Listed companies are subject to the rules of Nasdaq First North Growth Market and not the legal requirements for admission to trading on a regulated market, such as the Nasdaq Nordic Main Market. The risk in such an investment may be higher than on the main market.
The Premier segment within Nasdaq First North Growth Market is designed to further assist companies in raising investor visibility and to prepare them for a Main Market listing. The Premier segment targets companies that make a conscious decision to comply with higher disclosure and accounting standards than imposed under the Nasdaq First North Growth Market rules.
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