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Cherry applies for delisting

12 Apr 2019

(PRESS RELEASE) -- European Entertainment Intressenter Bidco AB has announced that the company owns more than 90% of the shares in Cherry AB. The Board of Cherry AB has received a call for redemption proceeding of the minority shares as well as outstanding warrants from EE Intressenter.

In addition, the Board of Cherry AB (publ) has today resolved to apply for delisting of the Cherry share, series B, from Nasdaq Stockholm. The last day of trading in the company’s shares on Nasdaq Stockholm will be announced as soon as the company has received the confirmation thereof from Nasdaq Stockholm.

On 18 December 2018, EE Intressenter announced a recommended public cash offer to the shareholders in Cherry AB (publ), to tender all shares of series A and series B in Cherry at a price of SEK 87 per share. On 29 January 2019, the offer was declared unconditional.
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