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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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Karolina Israelsson

Global PR & Communications Manager, HiQ

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About HiQ

HiQ is a tech consulting company focused on custom software development, positioned at the intersection of digital transformation and specialized engineering. Our 1,700 tech experts and software developers blend innovation, creativity, and deep technical know-how to build outstanding digital solutions. At HiQ, we don't just consult – we engineer digital transformation to ignite the future and help our clients spearhead their industry. Since 2020 owned by Triton, our base is in Sweden, Finland, and Germany, and our solutions make imprints all over the planet.