Prospectus Concerning Precise Biometrics’ Rights Issue is Published
The Board of Directors of Precise Biometrics has established a prospectus concerning the forthcoming share issue with preferential right for existing shareholders. The prospectus has been registered by the Swedish Financial Supervisory Authority (SFA) and is available in Swedish at www.precisebiometrics.com and www.remium.com.
The prospectus in Swedish can also be received free of charge from Precise Biometrics, Scheelevägen 30, Box 798, 220 07 Lund, Sweden, tel. +46 (0) 46-46 31 11 34 or from Remium AB, Kungsgatan 12-14, 111 35 Stockholm, Sweden tel. +46 (0)8-454 32 00.
TERMS AND CONDITIONS FOR THE RIGHTS ISSUE
Shareholders in Precise Biometrics have a preferential right to subscribe two (2) new shares for five (5) existing shares on the record day September 17, 2012. The subscription price has been set to SEK 0,72 per share, which corresponds to a total issue amount of approx. SEK 54,4 million, contingent on that the share issue is fully subscribed. A guarantee consortium has committed to subscribe to shares in the share issue up to 70% of the total issue amount, corresponding to SEK 38,1 million. The subscription period runs between September 19 – October 3, 2012. The record day at Euroclear to obtain subscription rights is September 17, 2012. The subscription period will run from September 19 – October 3, 2012, or a date to be decided by the board of directors.
For information in English, we refer to Precise Biometrics and Remium.
Important information
The publication or distribution of this press release may in certain jurisdictions be subject to restriction by law, and persons in the jurisdictions where this press release has been published or distributed should inform themselves of and follow such legal restrictions.
This press release may not be made public, published or distributed, either directly or indirectly in the United States, Canada, Japan, New Zealand, South Africa, Australia or any other country where such procedures are subject in full or in part to legal restrictions. Nor may the information in this press release may not be communicated, reproduced or presented in any way that is in conflict with such restrictions. Failure to follow this instruction may involve a breach of the United States Securities Act from 1933 ("Securities Act") or applicable laws in other jurisdictions.
This press release does not contain or constitute an invitation or offer to acquire, subscribe to or otherwise trade with shares, subscription rights or other securities in Precise Biometrics. The invitation to the persons concerned to subscribe to shares in Precise Biometrics will only take place through the Prospectus that Precise Biometrics intends to publish around September 12, 2012, and this Prospectus will contain financial statements and other information on Precise Biometrics’ board of directors and auditors.
Neither the subscription rights, paid subscribed shares or the new shares will be registered in accordance with the Securities Act or any other act in Canada, and may not be transferred or offered for sale in the United States or Canada, or to persons domiciled there, or on behalf of such persons, other than in such exceptional cases where registering in accordance with the Securities Act or other act in Canada is not required.
Point of contact
Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 10 or 46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
Patrik Norberg, CFO, Precise Biometrics AB
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
Precise Biometrics is a market leading supplier of solutions for fingerprint recognition that guarantee the identity of people. With the highest level of competence in fingerprint biometrics, Precise Biometrics offers fast, precise and secure verification of a person's identity.
This technology can be used for ID, company and bank cards, and for access to mobile solutions, computers and networks. Precise Biometrics delivers its solutions to companies and government agencies all over the world, and the Company's technology is licensed to almost 160 million users..
For further information go to www.precisebiometrics.com
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