Press release -
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.
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At HiQ we simplify people’s lives by using tech, design and creativity to build smart solutions, businesses and brands. We are convinced that tech development is the best way to make the world better, sustainable, smoother, safer – and more fun. From four guys in 1995 we are today a tech consultant company in four countries with around 1,900 brilliant coders, creatives and businesspeople. Since 2020 owned by Triton, our base is in the Nordics, but our solutions make imprints all over the planet.
