In connection with the Annual General Meeting of Q-Free ASA to be held May 22nd of May 2012, Thomas Vogt has received proxy based voting rights with voting instructions for 4.577.371 shares, representing 6.91 per cent of the votes in the company. This information is subject of the disclosure requirements pursuant to section 5-12 of …
Reference is made to stock exchange release 3rd of May 2012 related to exercise of share options.
As stated at the presentation of the fourth quarter in February, focus for Q-Free in the first quarter has been about optimising profitability for the year. Q-Free generated revenues of 121 MNOK during the first quarter 2012 compared to 170 MNOK in the corresponding quarter in 2011. The operating profit was – 9.8 MNOK compared to 5.1 MNOK last year. Order intake came in at 254 MNOK, 37 MNOK more than in previous quarter and 17 MNOK more than in Q1-2011, reflecting that the general optimism regarding demand is well grounded.
Q-Free ASA will present the first quarter 2012 report on Thursday 26th of April 2012 at 9.00 a.m. CET at the Felix conference center, Aker Brygge, Bryggetorget 3, Oslo. CEO Øyvind Isaksen and CFO Roar Østbø will be representing the company.