The increase in the share capital is approved in relation to the completion of the acquisition of the TDC Systems Ltd in the UK and its sister company TDC Systems Pty Ltd. in Australia (reference to stock exchange announcement dated 27 March 2014).
A new press release will be published when the share capital increase has been registered in Foretaksregisteret.
Q-Free is a leading global supplier of products and solutions for Road User Charging and Advanced Transportation Management. The company has approximately 350 employees. The main office is in Trondheim, Norway, and Q-Free has offices in 16 countries and representation on all continents. Q-Free is listed on the Oslo Stock Exchange under the ticker QFR.