NOTICE TO ANNUAL GENERAL MEETING IN HiQ INTERNATIONAL AB (PUBL)
ET | Source:HiQ International AB
The Board of Directors of HiQ International AB (publ) hereby gives notice to the
Annual General Meeting (“AGM”), in accordance with the attached Notice. The AGM
will take place on Monday 31 March 2014 at 10.00 a.m. at the Company’s premises
in Stockholm at Regeringsgatan 20, 9th floor.
At the general meeting inter alia the following proposals will be presented:
· The Board of Directors proposes that a share split 2:1 combined with a
compulsory redemption procedure shall be carried out. The procedure will imply
that each share will split into one ordinary share and one redemption share. The
redemption share will then be redeemed for SEK 2.60 per share, representing a
transfer of approximately SEK 137 million to the Company’s shareholders.
· The Nomination Committee has proposed that the following directors shall be
re-elected: Gunnel Duveblad, Ken Gerhardsen, Johanna Fagrell Köhler, Lars
Stugemo, Anders Ljungh, Ulrika Hagdahl, Erik Hallberg and Raimo Lind. Anders
Ljungh is proposed as the Chairman of the Board of Directors.
· The Board of Directors proposes that the General Meeting authorises the
Board of Directors to pass a resolution on one or more occasions for the period
up until the next Annual General Meeting on purchasing so many shares that the
Company’s holding does not at any time exceed 10 percent of the total number of
shares in the Company.
· The Board of Directors proposes that the General Meeting adopts a resolution
to issue not more than 1,000,000 warrants. The right to subscribe for the
warrants shall inure to the wholly owned subsidiary HiQ Stockholm AB, which
shall transfer the warrants to current and future employees of the group in
Finland and Sweden. The purpose of the proposal is to create opportunities to
keep and to recruit competent employees to the HiQ group and to increase the
motivation amongst the employees.
· The Board of Directors proposes that the Board of Directors shall be
authorised to resolve on an issue against payment in kind of no more than
5,000,000 shares, at one or several occasions, during the period until the next
Annual General Meeting in connection with acquisitions.
· Guidelines for determining salary and other remuneration to the managing
director and other persons in the company’s management.
For further information, please see the enclosed notice.
HiQ International AB (publ)
The Board of Directors
For questions, please contact:
Lars Stugemo, CEO HiQ International, tel. +46 8 588 90 000 or Laura Manninen,
acting Head of Corporate Commucations HiQ International, tel. +46 8 588 900 00
or +46 734 481 317
HiQ discloses the information provided herein pursuant to the Securities Market
Act and/or the Financial Instruments Trading Act. This information was released
for publication at 13:00 CET on 28 February 2014
HiQ simplifies and improves people’s lives through solutions within
communications and software development. The company is a leader in these areas
and has the Nordic region as its home market. HiQ employs more than 1,300 staff
and has offices both in the Nordic countries and in Russia. HiQ is listed on the
NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se
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