Skip to main content

Q-Free increases share capital

Following the completion of the acquisition of UK company TDC Systems and its Australian sister company, the Board of Directors of Q-Free has approved an increase in the company’s the share capital of US$44,638, which will be carried out by the issuance of 704,037 new shares with a par value of US$0.063.
April 4, 2014 Read time: 1 min
Following the completion of the acquisition of UK company 131 TDC Systems and its Australian sister company, the Board of Directors of 108 Q-Free has approved an increase in the company’s the share capital of US$44,638, which will be carried out by the issuance of 704,037 new shares with a par value of US$0.063.

Related Content

  • April 24, 2013
    Australia’s RMS orders Q-Free on board units
    Q-Free’s Australian subsidiary, Q-Free Australia, has been awarded an order valued at US$2.9 million for on board units (OBU) by the Roads and Maritime Services (RMS) in Australia. Q-Free Australia, based in Sydney, is a wholly-owned subsidiary of Q-Free ASA, operating in Australia for over ten years to implement and deliver new road user charging projects and to manage the ongoing service, maintenance and upgrade activities of existing installations. Q-Free Australia has been working with Roads and Maritim
  • March 1, 2013
    Spectrum sharing plan triggers concerns in US
    A group of leading industry professionals has written to the US National Telecom­munications & Information Administration (NTIA) to ask for a rethink, following the announcement by the Federal Communications Commission (FCC) that the 5.9GHz band is to be opened up for spectrum sharing. The group, led by ITS America president and CEO Scott Belcher, includes senior academics, automotive manu­facturers, ITS system suppliers and a number of US state departments of transportation such as those of Michigan, Texas
  • May 29, 2015
    Q-Free to exhibit at ITS America annual meeting
    Q-Free, with its subsidiaries, Open Roads Consulting, TCS International and TDC Systems, will be exhibiting at the ITS America annual meeting, where it will demonstrate the integration of solutions from across its expanding portfolio.
  • July 21, 2014
    Eastern Europe opts for Q-Free traffic management
    Q-Free subsidiary Elcom is to supply the city of Belgrade, Serbia, with advanced transportation management systems (ATMS), including traffic signal controllers and traffic management systems. The contract, valued at around US$1 million will begin in July 2014 and will be delivered within one year. Q-Free has also been awarded contracts valued at more than US$300,000 for traffic signal systems to be supplied to in Serbia and Macedonia during 2014. “Q-Free has made several acquisitions within the ATMS