HiQ withdraws proposal of a share split and share redemption procedure

The Board of Directors of HiQ International AB has decided to withdraw the previously communicated proposal to the Annual General Meeting 2020 regarding a share split and share redemption procedure of SEK 3.40 per share.

As a consequence of the global outbreak of COVID-19 the Board of Directors prioritizes to maintain the company’s strong financial position – and to create freedom of action in the changed market situation.

This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 a.m. CET on March 24, 2020.

For more information, please contact: 
Erik Ridman, Director of Communications HiQ, tel: +46 70-750 80 60, e-mail: erik.ridman@hiq.se

HiQ helps to make the world a better place by making people’s lives simpler through technology, design 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 close to 1,600 specialists in four countries and is listed on the Nasdaq Stockholm Mid Cap list. For more information and inspiration, please visit www.hiq.se