Fingerprint Cards AB’s Rights Issue: Changes in Share Capital and Voting Rights
Fingerprint Cards AB (Fingerprints or the Company), a leading biometric technology company, has recently completed a partially guaranteed issue of units consisting of new B-shares and warrants. This issue, announced earlier, was made with preferential rights for existing shareholders, and the results have been disclosed.
Changes in Number of B-shares
The Rights Issue has led to an increase in the number of B-shares in Fingerprints. According to the Company’s press release, the total number of issued B-shares after the Rights Issue is 178,068,887, up from the previous total of 145,272,687.
Changes in Number of Votes
The increase in the number of B-shares also results in a proportional change in the number of votes. The total number of votes in Fingerprints now amounts to 356,137,774.
Impact on Individual Investors
If you held Fingerprint Cards AB shares prior to the Rights Issue, you may have received subscription rights. These rights entitled you to subscribe for new B-shares at a discounted price. By exercising your subscription rights, you have effectively increased your holding of Fingerprint Cards AB shares, and consequently, your share of the total votes.
Impact on the World
The successful completion of Fingerprint Cards AB’s Rights Issue indicates strong investor confidence in the company’s future growth prospects. The increased capital will enable the Company to pursue its strategic initiatives and potentially lead to new innovations in biometric technology. Additionally, the expanded share capital and voting rights will allow Fingerprints to have a larger voice in shareholder decisions, potentially impacting the direction of the company and the biometric technology industry as a whole.
Conclusion
Fingerprint Cards AB’s Rights Issue has resulted in significant changes to the Company’s share capital and voting structure. For existing shareholders, this means an increase in their holdings and a larger voice in company decisions. For the world, this development signifies continued investor confidence in Fingerprint Cards AB’s future growth and potential impact on the biometric technology industry.
- Fingerprint Cards AB completed a Rights Issue of new B-shares and warrants
- The total number of issued B-shares and votes has increased
- Individual investors with subscription rights have seen an increase in their holdings and voting power
- The successful completion of the Rights Issue indicates strong investor confidence in Fingerprint Cards AB’s future growth prospects
