A major participant in the digital marketing sphere, particularly in the dynamic world of affiliate marketing, Catena Media, is taking a significant leap forward! They’ve received the go-ahead to list their stock on the primary market of Nasdaq Stockholm, Sweden’s premier stock exchange.
Pending final approval from the Swedish Financial Supervisory Authority, they will be transitioning from their current position on Nasdaq First North Premier, akin to graduating with top honors!
This significant shift is projected to occur around the beginning of September 2023. Catena Media will be joining the major players, trading amongst mid-cap companies, retaining their existing ticker symbol (CTM) and ISIN code. It’s worth noting that no new shares are being offered.
This move to the main market follows impressive financial results. The company reported that their earnings for the initial six months of 2017 nearly doubled compared to the same timeframe in 2016, reaching an impressive €30 million, demonstrating remarkable expansion.
Robert Andersson, Catena Media’s Chief Executive Officer, aptly stated that this Nasdaq Stockholm listing reflects their dedication and paves the way for continued success. It represents a significant achievement for the company and solidifies their position as a formidable force within the affiliate marketing industry.
