Increased number of class B shares as result of issue in kind for shares in Almor Holding Ltd
Cherry AB (publ) (Cherry) – STO: CHER-B.ST – has completed the acquisition of 7.5 percent of the shares in Almor Holding Ltd (Almor), in accordance with a resolution by the 2018 Annual General Meeting. As part of the transaction, a directed new share issue of 299,504 class B shares in Cherry AB is carried out.Cherry announced on 30 April 2018 that the Company resolved to acquire additional 7.5 percent of the shares in the Malta-based company Almor is an operator of onlince casino and sportsbook in primarily German-speaking markets. The purchase consideration consists of a combination of