The new shares were are result of the split conducted as a consequence of the decision made by the Annual General Meeting on 22 March 2016, regarding a split with compulsory redemption procedure. By this procedure 2.90 SEK per share, totalling approximately SEK 156 million, will be distributed to HiQ’s shareholders.
With record day 2 May, 53 924 273 redemption shares will be redeemed and the number of outstanding shares in HiQ will again amount to 53 924 273.
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 15.00 CET on 29 April 2016.
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Sven Ivar Mörch new CEO and President of HiQ
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