SnowWorld marks two-year listing
By sounding the gong, SnowWorld (ticker symbol: SNOW) marks its two-year listing anniversary on the Amsterdam Exchange. CEO Koos Hendriks sounds the gong.
The reverse listing in December 2013 did not only improve SnowWorld’s solvency, but also provided them access to the capital markets. The company has thus 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.
For more information: www.snowworld.com