HiQ WITHDRAWS PROPOSAL OF A SHARE SPLIT AND SHARE REDEMPTION PROCEDURE

The Board of Directors of HiQ International AB has decided to withdraw the previously communicated proposal to the Annual General Meeting 2020 regarding a share split and share redemption procedure of SEK 3.40 per share.

As a consequence of the global outbreak of COVID-19 the Board of Directors prioritizes to maintain the company’s strong financial position – and to create freedom of action in the changed market situation.

 

This information is information that HiQ International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 a.m. CET on March 24, 2020.


Erik Ridman
Erik Ridman Head of Communications HiQ +46 70-750 80 60 +46 8-588 90 000

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