Shares in NENT Group have appeared on Nasdaq Stockholm for the first time. Both the company’s class A (NENT A) and class B (NENT B) shares began trading this morning (Thursday).
The MTG spin-off has operated as a separate company sonce July 2018.
Anders Jensen, NENT Group President and CEO: “This is an exciting day for NENT Group. We have a clear vision to be the leading Nordic streaming service provider and content producer with a global appeal. The listing of our shares on Nasdaq reflects our ambition as a standalone company that has constantly challenged and innovated the entertainment industry. Today, less than half of the 12 million households in the Nordic region subscribe to a streaming service, and we expect that to rise quickly over the coming years as consumers continue to change the way that they consume content.”
NENT Group is one of the leading employers in the Nordic region, it comprises a portfolio of streaming services, TV channels, radio stations and production companies.
