The Board of Directors of global gaming supplier Light & Wonder has approved a sole primary listing on the Australian Securities Exchange (ASX), with the company to delist from the US NASDAQ by the end of November.
The decision to pursue a sole listing in Australia, first mooted in February, comes after Light & Wonder launched its secondary listing on the ASX in mid-2023.
According to information contained in the company’s 2Q25 results release overnight, the sole ASX listing decision reflects its strategic focus on aligning the group’s capital markets presence with its long-term growth plans and shareholder base. Further details on the transition will be released in the months ahead, Light & Wonder added.
“Since we launched the secondary ASX listing back in May 2023, equity traded on the ASX now accounts for approximately 37% of our total equity,” said Light & Wonder chairman Jamie Odell.
“Our Board has determined that moving to a sole primary ASX listing is in the best long-term interests of our shareholders. We offer investors a great opportunity to invest in a global growth company, with strong fundamentals, leading market positions in our core segments, growing margins and strong recurring revenues and operating cash flows. We look forward to engaging with stakeholders throughout this process.”
RelatedPosts
