Fingerprint Cards announces launch of private placement of new class B shares
| Source:Fingerprint Cards AB
Fingerprint Cards AB (publ) ("FPC" or the "Company") today announces the launch
of a private placement of new class B shares ("New Shares") through a directed
new share issue.
FPC has retained Carnegie Investment Bank (the "Placing Agent") as placing agent
in a private placement of New Shares directed towards international
institutional investors and qualified investors in Sweden and abroad (the
"Private Placement"). The New Shares will be admitted to trading on NASDAQ OMX
Stockholm following their issuance and registration.
The proceeds from the Private Placement are intended to be used to fund the
development of the Company and for general corporate purposes.
The Private Placement is subject (inter alia) to resolution by the Board of
Directors of FPC, pursuant to the authorization given by the 2013 annual general
meeting, to issue New Shares.
The above information has been made public in accordance with the Securities
Market Act. The information was submitted for publication at 17.35 (CET) on 22
For further information, please contact:
Johan Carlström, CEO of Fingerprint Cards AB (publ), +46 31 60 78 20,
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) markets, develops and produces biometric components
and technologies that through the 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 FPC's 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. The Company's
technology can also be used in IT and Internet security, access control, etc.
Fingerprint Cards AB (FPC) is listed on NASDAQ OMX Stockholm (FING B) and has
its head office in Gothenburg, Sweden.
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 Fingerprint Cards securities in any
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