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The Austrian Company Kapsch TrafficCom AG has acquired shares in Q-Free ASA

Traffic Night © photocase.com/jHELDEN

© photocase.com/jHELDEN

6. March 2009

Since January 16, Kapsch holds 21.47% of the outstanding shares in Q-Free Norwegian ASA.  

Kapsch TrafficCom is an international supplier of innovative road traffic telematics solutions. The company acquired 11,047,017 shares in Q-Free at a price of NOK 10.00 per share, representing 20.47% of outstanding shares in Q-Free ASA.

Press releases are posted on the homepages of the companies:

http://www.kapsch.net
http://www.q-free.com

Sources:

http://www.kapsch.net/en/press/articles/Pages/ktc_090116_pr.aspx
http://www.q-free.com/index.php?option=com_content&task=view&id=363&Itemid=82

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