CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING MAY

As of 31 May 2013 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 11 April 2013, regarding a split with compulsory redemption procedure. With record day 22 May, 52 751 523 redemption shares were redeemed and by this procedure 2.40 SEK per share, totalling SEK 127 million was distributed to HiQ’s shareholders.

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 08.45 CET on 3 June  2013.

HiQ simplifies and improves using hi-tech 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 also listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se.

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