CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING APRIL
As of 29 April 2016 the number of outstanding shares and votes in HiQ International AB amount to 107 848 546 shares (of which 53 924 273 are redemption shares), following an increase of the number of shares and votes in April by 53 924 273.
The new shares were are result of the split conducted as a consequence of the decision made by the Annual General Meeting on 22 March 2016, regarding a split with compulsory redemption procedure. By this procedure 2.90 SEK per share, totalling approximately SEK 156 million, will be distributed to HiQ’s shareholders.
With record day 2 May, 53 924 273 redemption shares will be redeemed and the number of outstanding shares in HiQ will again amount to 53 924 273.
For further information, please contact:
Fredrik Malm, CFO and Head of Investor Relations at HiQ. Tel: +46 8 588 90 000 or +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 15.00 CET on 29 April 2016.
HiQ helps to make the world a better place by making people’s lives simpler through technology and communication. We are the perfect partner for everyone eager to achieve results that make a difference in a digital world. Founded in 1995, HiQ has more than 1,400 specialists in four countries and is listed on the Nasdaq Stockholm Mid Cap list. For more information and inspiration, please visit www.hiq.se