30.05.2014 10:09:00
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HiQ International: Change in Number of Outstanding Shares in HiQ During May
Regulatory News:
As of 30 May 2014 the number of outstanding shares in HiQ International AB (STO:HIQ) 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 31 March 2014, regarding a split with compulsory redemption procedure. By this procedure 2.60 SEK per share, totalling SEK 137 million was distributed to HiQ’s shareholders.
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 10:00 CET on 30 May 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
This information was brought to you by Cision http://news.cision.com
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