CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING MAY
ET | Source:HiQ International AB
As of 30 May 2014 the number of outstanding shares in HiQ International AB
amount to 52 751 523 shares, following a redemption of 52 751 523 outstanding
redemption shares during May.
The decrease is a result of the redemption of shares as a consequence of the
implementation of the decision made by the Annual General Meeting on 31 March
2014, regarding a split with compulsory redemption procedure. By this procedure
2.60 SEK per share, totalling SEK 137 million was distributed to HiQ’s
For further information, please contact:
Fredrik Malm, CFO and Head of Investor Relations HiQ, tel: +46 8 588
90 000, +46 704 200 017
HiQ discloses the information provided herein pursuant to the Securities Market
Act and/or the Financial Instruments Trading Act. This press release was
submitted for publication at 10:00 CET on 30 May 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
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.