Better Collective plans to introduce dual listing in Denmark
Better Collective recently announced its plan of listing its shares on the Nasdaq Copenhagen exchange.
The newly proposed listing in Copenhagen would expand the company’s current presence on the Stockholm exchange, enabling the firm to garner investments from a wider market. Additionally, being incorporated and headquartered in Denmark, the listing would allow the company to better make use of the local resources available in its home country.
Better Collective’s CEO, Jesper Sogaard, remarked:
“Having our headquarters situated in Copenhagen, this dual listing proposal would be a natural evolution for our company. Since we went public in Sweden half a decade ago, we have expanded our business rapidly, providing our shareholders with an ever-improving value. As we are experiencing an increased investing demand from various interested parties in Denmark, it is an excellent time for us to expand our market presence.”
Better Collective’s Chair, Jens Bager, commented:
“Since our initial public offering in 2018, Better Collective has been expanding rapidly on its journey towards becoming the industry’s leading sports media firm. Since our listing in Sweden contributed so significantly towards our growth, listing in Denmark would be a natural evolution for our firm, especially as our headquarters are situated in Copenhagen.”
The listing plans are subject to various approvals by Nasdaq Copenhagen, with an estimated completion date sometime in the fourth quarter of the year if Better Collective chooses to carry out the move.