Hence, the Fully Guaranteed Rights Issue of B-units is completely covered by subscription undertakings and underwriting commitments. In addition, certain external investors, including Carnegie Investment Bank AB (publ) (“Carnegie”), the Hybrid Investors and existing shareholders have entered into underwriting commitments of approximately SEK 273 million in total, corresponding to approximately 91 per cent of the Fully Guaranteed Rights Issue of B-units. As of the date of this press release, the A-units are not subject to any subscription undertakings or underwriting commitments and the potential proceeds of approximately SEK 6 million from the issue of the A-units will be in addition to the proceeds of SEK 300 million in the Fully Guaranteed Rights Issue and is primarily carried out in order to offer all shareholders the option not to be diluted by subscribing for their pro rata share of A-units and B-units.Ĭertain of the Company’s shareholders (including senior executives and board members), as well as the investors in the Company’s outstanding perpetual hybrid equity instruments with an aggregate nominal amount of SEK 75 million (the “Hybrid Investors” and the “Hybrids”), have undertaken to subscribe for B-units amounting to approximately SEK 27 million in total, corresponding to approximately 9 per cent of the Fully Guaranteed Rights Issue of B-units. The Board of Directors of Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”) has resolved on a rights issue comprising a fully guaranteed SEK 300 million rights issue of B-units (the “B-units”), consisting of new B-shares and warrants (the “Fully Guaranteed Rights Issue”) and an approximately SEK 6 million rights issue of A-units (the “A-units” and together with the B-units the “Units”), consisting of new A-shares and warrants (together with the Fully Guaranteed Rights Issue, the “Rights Issue”).
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