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.
Charging, Tolling & RUC

Related Content

  • January 2, 2013
    Q-Free expands technology offering with acquisition of TCS
    Norwegian-headquartered tolling specialist Q-Free is to acquire 100 per cent of the shares of TCS International (TCS). Established more than ten years ago, TCS has fifteen employees, with offices in Boston, US, and a subsidiary in Toronto, Canada. The company provides advanced transportation management systems (ATMS), specialising in intelligent parking guidance and management systems. TCS offers consulting solutions and systems design for a wide range of clients including cities, transportation organisati
    Read More
  • April 4, 2016
    Q-Free unveils futuristic Q-City virtual reality experience
    Q-Free broke the mould when it unveiled Q-City at 2014’s Intertraffic. A computerised rendering of a modern urban area, Q-City allows users to look at how the company’s large suite of ITS products work with each other to make roads safer, cleaner and less congested. At this year’s show, Q-Free and Q-City have gone a step further and visitors can enjoy a fully immersive virtual reality tour.
    Read More
  • February 21, 2018
    Q-Free Open Roads awarded U.S. tolling contract
    Transcore has selected Norway's Q-Free Open Roads (Q-Free) as sub-contractor in a U.S. tolling scheme valued $1.4m (£1m). It will provide Intrada Synergy Server products and services in the North Carolina Turnpike Authority roadside toll collection project for the Monroe Expressway and the US-74 Express Lanes. The contact beings immediately and will be followed by a five-year maintenance agreement.
    Read More
  • May 24, 2019
    Q-Free to install traffic detectors in Slovenia
    Q-Free is to install 68 traffic detectors from ADEC Technologies around Ljubljana and the A1 highway towards the coastal region of Slovenia. ADEC says up to three of its TDC3-8 (TLS 8+1) traffic detectors will be installed at 30 locations to manage traffic. Jure Pirc, project manager at Q-Free, says the detectors are used mainly for “traffic data acquisition” as part of the traffic management system on the highway. He explains that speed limits are regulated automatically via variable message signs (VM
    Read More

Highlighted Content