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CHANGE IN NUMBER OF OUTSTANDING SHARES IN HiQ DURING MAY

As of 31 May 2016 the number of outstanding shares and votes in HiQ International AB amount to 53 930 273 shares, out of which 6 000 are interim shares.

The change in number of outstanding shares is partly a result of the redemption of redemption shares as a consequence of the implementation 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, was distributed to HiQ’s shareholders.

In addition, 6 000 interim shares have been issued in May due to exercise of warrants.

 

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 15.30 CET on 31 May 2016.

Fredrik Malm
Fredrik Malm CFO and Head of Investor Relations HiQ +46 8 588 90 000 +46 70 420 00 17

Strong cash flow, good cost control – accelerated digitalization

Net sales in the first six months amounted to SEK 917.8 million. Operating profit for the same period amounts to SEK 92.9 million. During the second quarter net sales amounts to SEK 439.4 million and the operating profit to SEK 38.3 million. Cash flow for the first six months amounts to SEK 171.5 million and liquid assets total SEK 340.6 million. This means that our financial position remains strong. We have a strong cash flow, good cost control, we are winning business and are positioned to win market shares.

HiQ develops a smart destination website for Eskilstuna

HiQ has developed visiteskilstuna.se for Destination Eskilstuna. It strengthens Eskiltuna’s attractiveness as a tourist destination for its residents, event arrangers and visitors. The aim was to create a mobile-friendly, easy-to-use and inspirational visitor site that generates a long-term increase in the number of visitors in and around Eskilstuna.
“This is one project of many that we are working on for the tourism sector in Sweden. We are very happy that Eskilstuna has chosen us as their partner to make the region’s industrial culture available to as many people as possible,” says Lars Stugemo, President and CEO of HiQ.

Invitation to the presentation of HiQ’s interim report at 9.00 a.m. on 16 July

HiQ‘s interim report for January-June 2020 will be presented at 9.00 a.m. on Thursday 16 July via an online link.
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