Information about incentive programs in Fingerprint Cards AB (publ)
The Extraordinary General Meeting (EGM) of Fingerprint Cards AB (publ) (the “Company”) on November 17, 2011 passed a resolution concerning a private placement of a maximum of 2,000,000 share warrants, as well as the approval of the transfer of share warrants, etcetera.
The subscription period for those with acquisition rights was from November 3, 2011 to November 18, 2011 and the offering to employees totaled 1,800,000 share warrants. The offering has been fully subscribed. The subscription price for the share warrants has been set at SEK 13.64 and the transfer price has been set at SEK 0.41 per share warrant. The subsidiary, Fingerprint Security System Databärare AB, holds the remaining 200,000 share warrants, which may, according to instructions from the Board of Directors, be offered to newly recruited future employees for acquisition at market terms and conditions pursuant to the EGM’s resolution.
For further information, please contact:
Johan Carlström, CEO of Fingerprint Cards AB (publ), +46 (0)31-60 78 20, investrel@fingerprints.com
Fingerprint Cards AB (publ), Box 2412, SE-403 16 GOTHENBURG, www.fingerprints.com
The company is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg.
The company disclosed this information pursuant to the Swedish Securities Market Act and the Swedish Financial Instruments Trading Act. The information was issued for publication on November 30, 2011, at 8:00 a.m.
About Fingerprint Cards AB (publ)
The company develops, produces and markets biometric components that through analysis and matching of an individual’s unique fingerprint verify the 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 the company’s 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 telephones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT, for Internet security, access control, etc.
Important information
Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular 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.