Exercise of warrants
The exercise of warrants has been registered on March 7, 2013 and resulted in Fingerprint Cards’ share capital rising by SEK 19,097, whereby it amounted to SEK 9,580,724 on March 1, 2013. The number of shares has risen by 95,485 Class B shares, whereby the number of Class B shares subsequently amounts to 47,903,620, while the number of Class B shares remains unchanged at 1,200,000. The total number of shares thereby corresponds to 58,703,620 voting rights.
The exercise price for the share was SEK 15.74, which means that SEK 1,502,934 was contributed to the company.
An Extraordinary General Meeting on November 9, 2010 resolved to approve the warrants program. In total, employees subscribed for 938,000 warrants, of which 853,000 were exercisable at the start of the exercise period. Each warrant entitled the holder to subscribe for one Class B share for SEK 15.74 kronor during the period February 9, 2013 – May 11, 2013. In total, 95,485 warrants were exercised during the period at the first occasion and 757,515 warrants remained exercisable for subscription of shares no later than May 11, 2013.
For more information contact:
Johan Carlström, President and CEO, Fingerprint Cards AB (publ), +46 31-60 78 20, email@example.com
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (Fingerprint Cards) develops, produces and markets biometric components that through analysis and matching of an individual’s unique fingerprint verify a person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by Fingerprint Cards’ technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. Fingerprint Cards’ technology can also be used in IT and Internet products for security and access control, etc.
Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on March 7, 2013, at 5:15 p.m. (CET)
Issuing, publishing or distributing this press release may be subject to restrictions in certain jurisdictions. Recipients of this press release are responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company’s securities in any jurisdiction.