STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
As of 30 April 2014 the number of outstanding shares and votes in HiQ International AB amount to 105 503 046 shares (of which 52 751 523 are redemption shares), following an increase of the number of shares and votes in April by 52 751 523.
The new shares were are result of the split conducted as a consequence of the decision made by the Annual General Meeting on 31 March 2014, regarding a split with compulsory redemption procedure. By this procedure 2.60 SEK per share, totalling SEK 137 million will be distributed to HiQ’s shareholders.
With record day 13 May, 52 751 523 redemption shares will be redeemed and the number of outstanding shares in HiQ will again amount to 52 751 523.
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 12.00 CET on 30 April 2014.
HiQ simplifies and improves people’s lives through 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 listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se
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