SnowWorld sounds gong to mark one-year listing anniversary
By sounding the gong, SnowWorld (symbol: SNOW) marks its one-year listing on the Amsterdam Stock Exchange.
The reverse listing in December 2013 did not only improve SnowWorlds solvency, but also provided them access to the capital markets. The company has thuss become less dependent on the future availability of bank credit for the execution of its strategy.
The process of the IPO and subsequent issue of new shares in February 2014 led to a further professionalization of SnowWorld. The introduction of a Supervisory Board has played an important role and SnowWorld has formulated a clear strategy. The implementation of this strategy will take place within a framework of risk management and corporate governance. CEO Koos Hendriks sounds the gong.
For more information: www.snowworld.com