The Board of HiQ proposes change in method of distribution of funds to shareholders

In conjunction with HiQ’s full year report 2007, the Board proposed a cash dividend to the shareholders of SEK 66 million (SEK 1.30 per share).

The Board has modified this decision and proposes to the AGM a distribution of SEK 66 million to the shareholders by a share split 2:1 combined with a mandatory redemption procedure.

The procedure will imply that each share will split into one ordinary share and one redemption share. The redemption share will then be redeemed for SEK 1.30 per share, representing a transfer of approximately SEK 66 million to the Company’s shareholders.

This proposal replaces the Board’s previous proposal of a dividend corresponding to SEK 1.30 per share (equal to a total of SEK 66 million).

The proposed record date for the share split is 9 May 2008. Trading in redemption shares is estimated to take place on Stockholmsbörsen on 12 May – 23 May 2008. Record date for redemption is proposed to 30 May 2008. The payment of the redemption shares is estimated to be made around 4 June 2008.


For further information, please contact:
Fredrik Malm, CFO HiQ International, tel. +46 8 588 90 000 or
Anna Jennehov, Head of Corporate Commucations HiQ International,
tel. +46 8 588 900 49 or +46 704 200 049