QFR – UPDATE ON “ASSESSMENT OF STRATEGIC ALTERNATIVES”
Reference is made to the announcement “Assessment of Strategic Alternatives” on 13 January 2019, where the Board of Directors of Q-Free ASA communicated that it is running a process to identify and explore various strategic alternatives for the company. One such alternative has been to pursue certain strategic and structural opportunities. Although constructive, these discussions have now been terminated. The Board remains confident that the restructuring and cost optimization done over the past couple of years combined with Q-Free’s strong order backlog and attractive contract