Q-FREE SELLS SHARES IN NOCA AS
Q-Free has signed a Share Purchase Agreement (SPA) to sell its 53.48 % shares in NOCA AS to Simpro Holding AS after 13 years of ownership. The net consideration for the shares after cost and dividend distribution is NOK 19.5 million. A due diligence has been completed and Q-Free expects the transaction to be closed during the fourth quarter 2014. The activities of Noca will be taken out of the consolidated accounts of Q-Free with effect of closing. Q-Free will after the transaction have no shares in Noca.-To own an electronics development and manufacturing company is not within the revised