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Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry AB

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Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry ABReading Time: 1 minute

 

European Entertainment Intressenter Bidco AB (“EE Intressenter) has announced that the company owns more than 90 percent of the shares in Cherry AB (publ) – STO: CHER-B.ST. 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 (the “Offer”). On 29 January 2019, the Offer was declared unconditional.

 

CHERRY IN BRIEF:

Cherry is an innovative and fast-growing gaming company with operations in gaming, entertainment and media. The company was founded in 1963 and today, Cherry operates through five diversified business areas: Online Gaming, Game Development, Online Marketing, Gaming Technology, and Restaurant Casino. The Group’s objective is to grow organically in combination with strategic acquisitions of fast-growing companies. Cherry AB’s principal owner is Bridgepoint Europe VI Fund. The company’s Class B share is listed on the Nasdaq Stockholm exchange, Mid Cap segment. More information is available at www.cherry.se.

 


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Cherry AB (publ) applies for delisting and EE Intressenter will initiate redemption of outstanding shares in Cherry AB

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Chart a Course for Riches in 80 Day Escapade by Boldplay

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Embark on a thrilling journey across continents in 80 Day Escapade, the dramatic new slot from Boldplay that offers multiple features for endless excitement and rewards.

With its 5×3 reels and 243 ways to win, players will enjoy a world of adventure and fortune but the real excitement begins with the set of exciting bonus features.

Boldplay Select allows players to choose from three bonus rounds when three scatter symbols are collected. Hidden riches await in Pick-A-Prize where a selection of tempting treasure chests waits for players to choose from. The free spins feature multiplies wins up to 5x and, finally, the Fortune Spinner is a dual reel feature that multiplies a guaranteed prize.

Additionally, players will love Boldplay Spins, the unique bonus feature that awards special free spins for consecutive wins.

Speaking of Boldplay’s new adventure title, Head of Design, Marcus Taylor, said: “80 Day Escapade offers players an immersive journey filled with excitement and rewards. With its captivating gameplay and innovative features, this game promises an unforgettable experience. We’re confident that it will be a smash hit with both operators and players alike at all online casinos hosting Boldplay slots.”

The post Chart a Course for Riches in 80 Day Escapade by Boldplay appeared first on European Gaming Industry News.

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Spinomenal debuts Queen of the Amazon slot

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Leading iGaming content provider Spinomenal has released its new hit, Queen of the Amazon. Set amongst the lush rainforest, this 5×4 slot welcomes players on an adventure where treasure awaits intrepid explorers.

A majestic Amazon headdress, tiger, gorilla, and snake, make up the Medium symbols on the reels. At the heart of the story stands the queen herself, representing the Wild symbol. Her symbol can substitute for any other symbol on the reels, except for the Free Spins and Bonus symbols. Discovering five Wilds on a winning line will multiply the bet line by 2000.

Synced Reels, where two random reels on the screen mirror each other, are in play to potentially boost players’ chances of winning. Furthermore, with the Expanding Wild feature, wilds appearing on synced reels expand to fill the entire reel, unlocking even greater winning potential.

Players will be able to enter Free Spins when three Scattered Wilds appear. Before commencing the round, players face a choice in the gamble feature: collect the current free spins total or risk it for the opportunity to win as many as 50 free spins. During Free Spins, the entertainment goes on with Stacked Wilds where 1-3 stacked wilds are fixed on random reels for every spin.

The Bonus round will trigger with three or more Scattered Bonus treasure chest symbols. Players are tasked to uncover treasure chests to complete the multiplier metre on the left. Each segment is completed with five treasure chests to grow the multiplier, while a +1 spin symbol extends the feature.

Spinomenal CO-CEO, Omer Henya commented: “Queen of the Amazon is a powerful presence and this new game celebrates the ferocious female warrior. This slot is bursting with fun features and the bonus round promises huge returns for players.”

The post Spinomenal debuts Queen of the Amazon slot appeared first on European Gaming Industry News.

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Playson grants clown unlimited powers in Energy Joker: Hold and Win

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Provider injects lively Energy Coins theme with mischievous joker

Playson, the fast-growing digital entertainment supplier, has combined the striking themes of its most successful games in its latest title Energy Joker: Hold and Win.

With coins, electricity and a grinning joker, this fast-paced release has lightning running through its reels. The blue Collect feature strikes the cells and gathers all values, including the Mini, Minor and Major jackpots and Bonus symbols.

The game’s Wild symbol, the joker, substitutes for all symbols on the reels, except Bonus and Collect icons. In the Multiplier feature, he returns once more, using newfound powers to upgrade cells in the Bonus Game to higher value wins. This feature sees coin, jackpot and collect symbols enhanced by random multipliers of x2, x3, x4, x5 or x10 within a cell.

If a Multiplier symbol lands in a cell that already has a multiplier, the previous amount will increase by the corresponding one. They remain on the reels and apply to respective cells when the Bonus Game ends.

Four in-play jackpots appear during the Bonus Game and trigger the corresponding amounts. On Bonus symbols, the Mini equals x25, Minor x50 and Major x150, while all 15 Bonus symbols landing on the reels triggers a Grand jackpot of x5,000 bets.

Another iconic feature of Playson’s titles is the Pile of Gold. Any Bonus or Collect symbols landing on the reels during the main game grant the chance to trigger it, then add Bonus, Collect or Multiplier symbols in quantity enough or more to activate the Bonus Game.

This unforgettable release demonstrates Playson’s deep awareness of its players’ tastes and combines its most successful games into one epic title.

Tamas Kusztos, CCO at Playson, said: “We have a well-established reputation for delivering high-energy slots with unrivalled graphics and animations. With Energy Joker: Hold and Win, we take this to a new level.

“The electrifying lightning, abundant coin imagery and iconic Joker offer a new level of gaming experience, while features such as in-play jackpots and Multipliers create the chance to achieve impressive wins.”

The post Playson grants clown unlimited powers in Energy Joker: Hold and Win appeared first on European Gaming Industry News.

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