The new shares were are result of the split conducted as a consequence of the decision made by the Annual General Meeting on 11 April 2013, regarding a split with compulsory redemption procedure. By this procedure 2.40 SEK per share, totalling SEK 127 million will be distributed to HiQ’s shareholders.
With record day 22 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 2012.
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HiQ behind Yamaha Motor’s first-ever connected vehicle in Europe
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