Catena Media, a dominant digital marketing firm specializing in customer acquisition, has been granted permission to list on the primary market of Nasdaq Stockholm, Sweden’s leading stock exchange. This action will elevate their listing from Nasdaq First North Premier to a more esteemed and prominent platform.
The final obstacle is authorization from the Swedish Financial Supervisory Authority, with a projected transition date of September 1st. Catena Media’s stock will enter the Mid Cap segment, maintaining their existing ticker symbol (CTM) and ISIN code. Significantly for current stakeholders, no fresh shares will be offered during this shift.
This positive advancement follows an outstanding initial six months of 2017, where Catena Media announced a 78% year-over-year increase in earnings, reaching €30 million compared to €17 million in the corresponding period last year.
Chief Executive Officer Robert Andersson praised this accomplishment as a demonstration of the company’s solid base and a driver for future expansion. This move to Nasdaq Stockholm represents a major landmark in Catena Media’s path to becoming a global leader in the performance marketing sector.
