Q-FREE CLOSES THE SALE OF SHARES IN NOCA AS
Trondheim/Oslo 26 November 2014: As previously announced, Q-Free signed on 30. October 2014 a Share Purchase Agreement to sell its 53.48% shares in Noca AS to Simpro Holding AS. The transaction is as of today closed. The activities of Noca will be taken out of the consolidated accounts of Q-Free with effect from today.
For further information, please contact:
CEO, Thomas Falck, cell: +47 468 00 767
CFO, Roar Østbø, cell: +47 932 45 175
Q-Free is a leading global supplier of products and solutions within Road User Charging and Advanced Transportation Management Systems. The Q-Free Group has approximately 400 employees with offices in 17 countries and presence on all continents. The Q-Free head office is in Trondheim, Norway. Q-Free is listed on Oslo Stock Exchange under the ticker QFR.