Gentle & Surprise is contemplating a secondary itemizing on the Australian Securities Change. [Image: Shutterstock.com]
Gentle & Surprise (L&W) has revealed that it’s contemplating a secondary itemizing of its shares on the Australian Securities Change (ASX). The playing product supplier, previously Scientific Video games, at present has a main itemizing on the Nasdaq. L&W will talk about the ASX chance with its shareholders.
The corporate’s board of administrators has been taking a look at varied methods to enhance its place as a worldwide chief in cross-platform leisure, in addition to enhance worth to shareholders.
permit L&W to achieve entry to new institutional buyers
Among the potential benefits of an ASX listing would come with enhancing its profile in Australia, which is without doubt one of the main markets for the L&W gaming enterprise. The itemizing would additionally permit L&W to achieve entry to new institutional buyers that would enhance its present shareholding.
Talking in regards to the potential transfer, L&W board of administrators government chair Jamie Odell stated that the ASX “is a premium market with an extended monitor file as a platform for world gaming corporations and a deep and liquid pool of refined buyers.”