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QFR.OL on Oslo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Q-Free sells Security division
Tuesday, 31 Jan 2017 02:44am EST 

Q-Free ASA : Signs agreement to sell all assets related to its security business Prometheus Security Group Inc. (PSG) located in Austin, Texas . Net consideration is 10 million Norwegian crowns ($1.20 million) .Expects transaction to be closed during February 2017.  Full Article

Q-Free signs US traffic management contract of NOK 200 mln
Monday, 3 Oct 2016 02:40am EDT 

Q-Free ASA : Entered into a contract to implement and maintain a new statewide advanced transportation management system for Virginia Department of Transportation (VDOT) in the US . Order value is about 200 million Norwegian crowns ($25.04 million) . Contract has a duration of four years .Delivery will start immediately.  Full Article

AS Atlantis Vest reaches 5.27 pct ownership in Q-Free
Thursday, 29 Sep 2016 03:44am EDT 

Q-Free ASA : AS Atlantis Vest has been allocated 4.7 million shares in Q-Free private placement .After transaction AS Atlantis Vest holds 4.7 million Q-Free shares, corresponding to 5.27 pct of co's shares after private placement.  Full Article

Q-Free raises gross proceeds of NOK 133.8 million in private placement
Thursday, 29 Sep 2016 02:09am EDT 

Q-free : Private placement successfully completed .Private placement completed at 7.50 Norwegian crowns per new share, raising gross proceeds of 133.8 million crowns ($16.7 million).  Full Article

Q-Free: Close to signing NOK 200 mln deal in USA
Wednesday, 28 Sep 2016 02:01am EDT 

Q-Free ASA : Q-Free Open Roadsis close to entering into final contract to implement and maintain Advanced Transportation Management System in US .Order value will be about 200 million Norwegian crowns ($24.62 million), contract will have duration of four years.  Full Article

Q-Free: contemplated private placement
Friday, 23 Sep 2016 02:00am EDT 

Q-Free ASA : Contemplated private placement . Order price will be determined through an accelerated book-building process . Maximum number of shares to be issued in private placement is 17,844,689 new shares . Net proceeds from private placement are intended to be used to strengthen company's balance sheet and liquidity position .Book-building period will commence Sept. 23, 2016 at 09:00 CET and closes on Sept. 28, at 16:30 CET.  Full Article

Q-Free signs Slovenia truck tolling contract worth NOK 470 mln
Tuesday, 6 Sep 2016 05:18am EDT 

Q-Free ASA : Says has signed contract for nationwide truck tolling project with DARS d.d in Slovenia, where Q- Free and Telekom Slovenije are partners . Contract value is 470 million Norwegian crowns ($56.98 million) .Delivery period is one year commencing upon validation of contract.  Full Article

Q-Free Q2 EBITDA down at NOK 11 million
Thursday, 18 Aug 2016 02:25am EDT 

Q-Free ASA : Q2 revenues of 246 million Norwegian crowns ($30 million), 38 pct growth year on year . Q2 order intake of 200 million crowns, mostly from smaller unannounced orders .Q2 EBITDA 11 million crowns versus 14 million crowns year ago.  Full Article

Q-Free awarded three-year frame agreement worth NOK 75-90 million
Wednesday, 3 Aug 2016 02:41am EDT 

Q-Free ASA : Q-Free has been awarded a three-year frame agreement for the delivery of tags to Via Verde in Portugal . The frame agreement has an expected order value of 75-90 million Norwegian crowns .The delivery will start immediately.  Full Article

Q-Free: Slovenia tender award confirmed
Tuesday, 2 Aug 2016 03:56am EDT 

Q-free - : Slovenia tender award confirmed . Complaint process is concluded by National Revision Commission of Slovenia . All complaints have been rejected . contract between DARS d.d and consortium Q-Free ASA and Telekom Slovenije will be finalized in the near future .Order value of about 472 million Norwegian crowns ($56 million).  Full Article

More From Around the Web

BRIEF-Q-Free Q4 revenue up at NOK 241 million

* End-Q4 order backlog 1.4 billion Norwegian crowns ($167 million), 615 million crowns scheduled for delivery in 2017