US/UK/Canada

Share

Pick a time period -
Tags ( Active)

Q-Free: Minutes of Extraordinary General Meetings on 11 December 2023

Two extraordinary general meetings in Q-Free ASA were held on 11 December 2023. All proposals on the agendas were adopted in accordance with the proposals from the board of directors, inter alia including an application for delisting of the company's shares from Oslo Børs and changes to the board of directors. The complete minutes of the extraordinary general meetings are attached to this release and available on www.q-free.com. This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act. For inquiries, please

Q-Free: Contract for Traffic Light Controllers in the US - 16 MNOK

Q-Free has received an order for 600 2070LX traffic-light controllers in North Carolina. The controllers will be delivered in 2023 and 2024 and have a value of approximately 16 MNOK. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q-Free ASA, on 05 December 2023 at 16:00 CET. For further information, please contact:Trond Christensen,

Q-Free – Juniper Holdco AS announces compulsory acquisition

Reference is made to the stock exchange announcement on 24 November 2023 regarding the results of Juniper Holdco AS' (the "Offeror") mandatory offer for all outstanding shares in Q-Free ASA ("Q-Free" or the "Company") not already owned by the Offeror (the "Mandatory Offer"), where the Offeror also confirms its intention to carry out a compulsory acquisition and delisting. Following completion of the Mandatory Offer, the Offeror currently owns 106,656,388 shares in the Company, representing 95.88% of the total shares and voting rights. The board of directors of the Offeror has today, 3

Q-Free: The acceptance period of the mandatory offer to acquire all shares in Q-Free ASA expires today Friday 24 November 2023 at 16:30 CET, subject to extension.

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, AUSTRALIA, JAPAN, HONG KONG, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the mandatory offer (the "Offer") from Juniper Holdco AS (the "Offeror") to acquire all shares in Q-Free ASA ("Q-Free" or the "Company") at an offer price of NOK 12.00 per share pursuant to an offer document dated 26 October 2023. Shareholders are hereby reminded that the acceptance period for the Offer expires today 24 November 2023 at

Q-Free: Tag contract in Thailand - 19 MNOK

Q-Free has received an order for tags from a customer in Thailand. The contract has a value of approximately 19 MNOK and will be delivered during 2023 and 2024. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q-Free ASA, on 6 November 2023 at 16:00 CET. For further information, please contact: Trond Christensen, CEO, +47 481 02 754

Q-Free: Mandatory notification of trade; acceptance of mandatory offer

Reference is made to the mandatory cash offer by Juniper Holdco AS to acquire all shares in Q-Free ASA for a price of NOK 12 per share. Today the following primary insiders have accepted the mandatory offer in accordance with the offer document announced 26 October 2023: Battelhavet AS, who is controlled by Chair of the Board Trond Valvik, has accepted the offer for all of its 280,000 shares in the company. Illuminator AS, who is controlled by Vice Chair Geir Bjørlo, has accepted the offer for all of its 152,093 shares in the company. Board member, Karin Sandsjö has accepted the

Q-Free: Independent statement regarding mandatory offer to acquire all shares in Q-Free ASA

Trondheim, 27 October 2023 - Reference is made to the stock exchange notice made on 26 September 2023 by Q-Free ASA (the "Company" or "Q-Free", OSE: QFR) where Guardian Smart Infrastructure Management and Rieber & Søn AS announced the acquisition of Q-Free shares by their joint venture Juniper Holdco AS (the "Offeror"), triggering a mandatory offer to acquire all shares in Q-Free at a price per share of NOK 12 (the "Offer"). Further reference is made to the stock exchange notice made on 26 October 2023 regarding commencement of the offer period for the Offer. The Board of Directors of

Q-Free: Third quarter and first 9 months 2023 financial results

(Trondheim, 27 October 2023) Q-Free ASA (Q-Free, OSE: QFR) reported total revenues for the second quarter of 2023 of NOK 305 million, up 42% from the same quarter last year, and an EBITDA of NOK 25 million. "Q-Free delivered another solid quarter with a significant y/y increase in revenue and EBITDA. There is continuously a lot of activity in the intelligent transport systems market as the technology we deliver is identified as being key to solve an urgent and unmet worldwide need for free-flowing, clean, and safe transportation," says Trond Christensen, CEO of Q-Free. The order

Q-Free – Launch of mandatory offer to acquire all shares in Q-Free ASA

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, AUSTRALIA, JAPAN, HONG KONG, NEW ZEALAND, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Reference is made to the stock exchange announcement on 26 September 2023 concerning the entry into of a conditional agreement pursuant to which Juniper Holdco AS (the "Offeror") would acquire Rieber & Søn AS' ("Rieber") 62.8% shareholding in Q-Free ASA ("Q-Free" or the "Company") at a price of NOK 12 per share (the "Transaction") and launch a subsequent

Q-Free: Invitation to presentation of Q3-2023 results

Q-Free ASA will present its third quarter results 2023 on Friday 27 October 2023 at 09.00 CET. Group CEO, Trond Christensen, will represent the company. The live presentation will only be available through webcast. Language: English Webcast: The presentation will be broadcasted live through the following link: http://www.q-free.com/investor_relations/web-cast/ For webcast viewers, it will be possible to submit questions during the presentation. A recorded version of the presentation will also be available after the broadcast is concluded. For further information, please

Q-Free ASA: Thale Kuvås Solberg resigns as president and CEO of Q-Free ASA

Q-Free ASA today announces that Thale Kuvås Solberg has resigned as President and CEO and will step down from this position with immediate effect. The resignation follows the changes in ownership and upcoming compulsory bid of the company that likely might result in the company being de-listed and entering a new phase under a different ownership structure. “Even if the acquisition is favorable for the shareholders and will empower Q-Free for future growth, the new setting as a private company differs from the setting that attracted me to take the helm of Q-Free a year ago. The board and

Q-Free: Mandatory notification of trade

Trondheim, 03 October 2023 Fredrik Nordh (SEVP Tolling division), a primary insider of Q-Free ASA (the "Company") has notified the Company that he wishes to call tranche 1 and tranche 2 in the executive management stock option program, awarded on 1 October 2017. Tranche 1 consists of 228,991 options at a strike price of NOK 8.52, while tranche 2 consists of 163,565 options at a strike price of NOK 11.93. The Board has concluded that it is in the Company’s best interest to avoid a share issue during the ongoing change of ownership as reported to the market through the stock exchange

Q-Free – fulfilment of conditions for and closing of acquisition of 62.8% of Q-Free shares

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. With reference to the announcement of 26 September 2023 concerning the entry into of a conditional agreement pursuant to which Juniper Holdco AS ("Juniper") would acquire Rieber & Søn AS' ("Rieber") 62.8% shareholding in Q-Free ASA ("Q-Free" or the "Company") at a price of NOK 12 per share (the "Transaction"), Juniper announces today that the conditions have been fulfilled and the Transaction has been completed.

Q-Free ASA - Major Shareholding Notification – Juniper Holdco AS

Reference is made to the announcement from Q-Free ASA on 26 September 2023 (the "Announcement"), concerning a conditional agreement entered into on the same date, pursuant to which Juniper Holdco AS ("Juniper") will acquire 69,843,934 shares from Rieber & Søn AS ("Rieber") at a price of NOK 12 per share. As of and subject to closing occurring, Juniper will hold 69,843,934 shares, representing 62.8% of the shares and votes of Q-Free ASA. Juniper is 70% owned by a subsidiary of Guardian Capital Group Limited and 30% owned by Rieber, a Bergen based privately held investment firm. Subject to

Q-FREE ASA – Disclosure of large shareholding and mandatory notification of trade

Reference is made to the stock exchange announcement on 26 September 2023, regarding an agreement entered into by Rieber & Søn AS for Juniper Holdco AS to acquire Rieber & Søn AS' shareholding in Q-Free ASA (the "Transaction"). Rieber & Søn AS is a company directly and indirectly controlled by Fritz Rieber through Atlantis Vest AS and Zee Ploeg AS, and a close associate of Trond Valvik, chairman of the board of directors of Q-Free ASA. The Transaction comprises Rieber & Søn AS' entire shareholding of 69,843,934 shares and votes in Q-Free ASA, representing 62.78% of Q-Free ASA's issued and

Q-FREE ASA – Disclosure of large shareholding and mandatory notification of trade

Reference is made to the stock exchange announcement on 26 September 2023, regarding an agreement entered into by Rieber & Søn AS for Juniper Holdco AS to acquire Rieber & Søn AS' shareholding in Q-Free ASA (the "Transaction"). Rieber & Søn AS is a company directly and indirectly controlled by Fritz Rieber through Atlantis Vest AS and Zee Ploeg AS, and a close associate of Trond Valvik, chairman of the board of directors of Q-Free ASA. The Transaction comprises Rieber & Søn AS' entire shareholding of 69,843,934 shares and votes in Q-Free ASA, representing 62.78% of Q-Free ASA's issued and

Guardian Smart Infrastructure Management and Rieber & Søn AS Announce Joint Venture to Purchase Q-Free ASA shares at NOK 12.00 per share

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. Trondheim, 26 September 2023 Juniper Holdco AS ("Juniper") and Rieber & Søn AS ("Rieber") have today entered into a conditional agreement for Juniper to acquire Rieber's 62.8% shareholding in Q-Free ASA ("Q-Free" or the "Company") at a price of NOK 12.00 per share (the “Purchase Price”) (the “Transaction”).  Subject to completion of the Transaction, Juniper will make an offer at NOK 12.00 per share to the

Q-Free: Tag contract in Chile - 16 MNOK

Q-Free has received an order for tags from a customer in Chile. The contract has a value of approximately 16 MNOK and will be delivered during 2023 and 2024. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q-Free ASA, on 04 September 2023 at 08:45 CET. For further information, please contact: Thale Kuvås Solberg, President & CEO, +47 936

Q-Free: Tag contract in Europe - 30 MNOK

Q-Free has received an order on tags from a customer in Europe. The contract has a value of approximately 30 MNOK and the main part will be delivered during 2024. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. This stock exchange announcement was published by Rita Bøe Isaksen, Board Secretary in Q-Free ASA, on 19 July 2023 at 15:50 CET. For further information, please contact: Thale Kuvås Solberg, President & CEO, +47

Q-Free: ALPR contract in the US – 20 MNOK

The Miami-Dade Expressway Authority (MDX) in Miami, Florida USA has signed a 3-year extension of Q-Free’s Intrada® Insight video toll license plate image processing system. The MDX expressway system consists of five of the most heavily traveled expressways in Miami-Dade County. Q-Free’s Insight IRS provides MDX with an integrated license plate reading system that has both an automated image review (AIR) and a manual image review (MIR) application capability. The contract has a minimum value of 20 MNOK and maximum 26 MNOK, and will continue to provide a high performance automated and manual

Q-Free: Second quarter and first half-year 2023 financial results

(Trondheim, 7 July 2023) Q-Free ASA (Q-Free, OSE: QFR) reported total revenues for the second quarter of 2023 of NOK 290 million, up 36% from the same quarter last year, and an EBITDA of NOK 33 million. The company continues the strong growth in annual recurring revenues (ARR) to a calculated ARR of NOK 455 million, which represents a growth of 52%. "Q-Free delivered a solid quarter with a significant increase in revenue and an EBITDA of NOK 33 million. The growth follows a very positive underlying growth trend driven by increased product sales in Tolling, and recurring revenues in both

Q-Free: Invitation to presentation of Q2/H1 2023 results

Q-Free ASA will present its second quarter and first half results 2023 on Friday 7 July 2023 at 09.00 a.m. President & CEO Thale Kuvås Solberg and CFO Trond Christensen will represent the company. The live presentation will only be available through webcast. Language: English Webcast: The presentation will be broadcasted live through the following link: http://www.q-free.com/investor_relations/web-cast/ For webcast viewers, it will be possible to submit questions during the presentation. A recorded version of the presentation will also be available after the broadcast is

Q-Free: Traffic Management - Extension of SaaS contract in the USA – MNOK 25

Q-Free has received a 12-month extension of a SaaS contract (reference to stock exchange announcement 21 April 2022) with one of its statewide customers in USA, providing cloud infrastructure hosting respective cloud support for Q-Free's Advanced Traffic Management System solution until June 2024.The agreement could be extended for several additional years.  The value of this contract will be recognized as recurring revenue. This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to

There are no items matching the current filter
There are no more items matching the current filter
Back to top

Subscribe

Media