Swedish operator Cherry is to apply for listing of its shares on Nasdaq Stockholm, with listing expected in 2016.

Nasdaq Stockholm Source: nasdaqomxnordic.com

“A stock market listing on Nasdaq Stockholm gives an extra seal of quality for the company regarding its operations,” says Rolf Åkerlind, chairman of Cherry.

Shareholders in Cherry will not need to take any action in connection with the listing.

Cherry's shares have been traded since September 2006 on entrepreneurial securities market AktieTorget and will maintain the “CHER B” ticker symbol and retain the same ISIN-code, specifically SE0005191426.