NetEnt Moves Up

01/02/2009		NetEnt Moves Up
Home History Games News Dictionary		Hope can be found in growth and success, and with so many stories circulating the web regarding businesses, especially those related to the online gambling industry, of failure being reported, hope is rarer indeed. This week, however, saw Net Entertainment achieving one of their major corporate goals as they received approval to join the NASDAQ stock exchange, OMX Stockholm. Net Entertainment’s B-shares will now be available for trading on the major exchange, in leiu of the NGM Equity marketplace starting January 13th of the new year. January 12th will be the last day the b-shares will be up for trade on the NGM Equity listing. Current owners of Net Entertainment stock do not have to take any action in regards to the change; it’s just a change of marketplace and both the name and shortname will remain the name on the NASDAQ OMX Stockholm: NET B, ISIN-code SE00 0108 9252. An additional financial goal has been published for the first time in relation to the achievement of the NASDAQ listing: Net Entertainment’s expectation to exceed the 20% growth prediction for the online gaming industry by growing 30% in the next few years. The President and CEO of Net Entertainment Johan Ohman made the following statement: “Net Entertainment has during the last five years showed a strong growth rate and rising profitability. The listing on NASDAQ OMX Stockholm constitutes a quality stamp and is implemented to further improve the brand and Net Entertainment's position among customers, co-workers, investors and media as well as improve the possibility to use the share as payment in connection with potential acquisitions.”

01/02/2009

NetEnt Moves Up

Hope can be found in growth and success, and with so many stories circulating the web regarding businesses, especially those related to the online gambling industry, of failure being reported, hope is rarer indeed.

This week, however, saw Net Entertainment achieving one of their major corporate goals as they received approval to join the NASDAQ stock exchange, OMX Stockholm. Net Entertainment’s B-shares will now be available for trading on the major exchange, in leiu of the NGM Equity marketplace starting January 13th of the new year. January 12th will be the last day the b-shares will be up for trade on the NGM Equity listing.

Current owners of Net Entertainment stock do not have to take any action in regards to the change; it’s just a change of marketplace and both the name and shortname will remain the name on the NASDAQ OMX Stockholm: NET B, ISIN-code SE00 0108 9252. An additional financial goal has been published for the first time in relation to the achievement of the NASDAQ listing: Net Entertainment’s expectation to exceed the 20% growth prediction for the online gaming industry by growing 30% in the next few years.

The President and CEO of Net Entertainment Johan Ohman made the following statement: “Net Entertainment has during the last five years showed a strong growth rate and rising profitability. The listing on NASDAQ OMX Stockholm constitutes a quality stamp and is implemented to further improve the brand and Net Entertainment's position among customers, co-workers, investors and media as well as improve the possibility to use the share as payment in connection with potential acquisitions.”