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Fingerprint Card — Share Issue/Capital Change 2009
Oct 19, 2009
3048_rns_2009-10-19_4734950b-80c4-4c3f-ad63-3a4a78e33c54.pdf
Share Issue/Capital Change
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PRESS RELEASE Gothenburg October 19, 2009
Fingerprint Cards rights issue is oversubscribed
- Fingerprint Cards AB (publ) ("Fingerprint Cards") will be provided with SEK 49.6 M before guarantee and issue expenses.
- The number of shares outstanding will increase to 39,669,586 from 19,834,793, represented by 1,200,000 Class A shares and 38,469,586 Class B shares.
The rights issue was subscribed by 173 percent, of which 96 percent was subscribed for on the basis of subscription rights and 77 percent without such rights.
Fingerprint will be provided with approximately SEK 49.6 M before issue and guarantee expenses. The new issue, which was implemented through a rights issue for existing shareholders, will increase the number of shares by 19,834,793, comprising 600,000 Class A shares and 19,234,793 Class B shares. The par value of the shares is SEK 0.20. Following the issue, the share capital will increase by SEK 3,966,958.60 to SEK 7,933,917.20. After registration with the Swedish Companies Registration Office, a total of 39,669,586 shares will be outstanding, of which 1,200,000 will be Class A shares and 38,469,586 Class B shares.
"This issue is a significant vote of confidence in Fingerprint Cards from its shareholders. The company is now more strongly positioned in its efforts to expand its marketing and sales activities; also prior to its mobile telephony venture," says President Johan Carlström regarding the outcome of the issue.
The conversion of BTAs to Class A and B shares is expected to take place at the end of the week commencing November 9, 2009.
Advisors
Evli Bank, Plc is providing financial advice and the Wistrand Advokatbyrå law firm legal counsel to Fingerprint Cards in conjunction with the impending issue.
The information stated here is information that Fingerprint Cards AB (publ) is obligated to disclose pursuant to the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was published on October 19, 2009.