Precise Biometrics’ rights issue oversubscribed
Precise Biometrics AB has successfully completed a rights issue with preferential rights which has supplied the Company with SEK 54.0 million prior to issue costs. The rights issue was subscribed to 118.9% and is carried out as a part of the Company’s business plan – Plan 2015 - which mainly includes further investments in sales, marketing and product development targeted towards biometric solutions for the SmartPhone and Tablet PC markets.A total of 51,039,553 shares were subscribed to with the exercise of subscription rights, corresponding to 94.6% of the number of shares. In addition 13,