Fingerprint Cards AB (publ) extends the subscription period for warrants of series 2022:1 and 2022:2 and makes certain clarifications

REG

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS), AUSTRALIA, JAPAN, CANADA, HONG KONG, NEW ZEALAND, SINGAPORE OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURE IN ACCORDANCE WITH APPLICABLE LAW. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE SECTION "IMPORTANT INFORMATION" AT THE END OF THE PRESS RELEASE.

On 16 July 2023 the board of Fingerprint Cards AB (publ) (“Fingerprints” or the “Company”) announced an extension of the subscription period for warrants of series 2022:1 and 2022:2 (ISIN: SE0018768269 and ISIN: SE0018768277) (together the “Warrants”). The current subscription period ends 14 September 2023.

The Company has been made aware that certain warrant holders, with the current subscription period, will not be able to consider the potential recalculation of the subscription price and the number of shares the Warrants entitles to and that may occur as a result of the previously announced rights issue and in accordance with the term and conditions of the Warrants. In order to provide for all warrant holders the possibility to assess a potentially recalculated subscription price and a recalculated number of shares the Warrants entitles to, the board has resolved to extend the subscription period to 21 September 2023 instead of 14 September 2023 as previously announced. The extension enables all warrant holders to submit an application for exercise of the Warrants following a potential recalculation, as a result of the rights issue, to its respective issuing agent in such time that it can be taken into account before the end of the subscription period. If the Warrants are held through a nominee or custodian, the application shall be submitted in accordance with the instructions from the respective nominee or custodian.

The Company will on or around 12 September 2023 announce the recalculated subscription price and the recalculated number of shares the Warrants entitles to. The application forms which previously have been made available by the Company can still be used to exercise the Warrants.

Updated timeline for the 2023 Rights Issue and the Warrants

Trading in subscription rights entitling to subscription
of new B-shares in the Rights Issue
28 August 2023 – 6 September 2023
Subscription period in the Rights Issue28 August 2023 – 11 September 2023
Trading with BTA in the Rights Issue (refers only to B-shares)28 August 2023 – 14 September 2023
Publication of the recalculated subscription price and recalculated number of shares each warrant entitles to12 September 2023
Expected publication of the outcome in the Rights
Issue
13 September 2023
Subscription period for warrants of series 2022:1 and
2022:2
18 August 2023 – 21 September 2023
Trading with warrants of series 2022:218 August 2023 – 19 September 2023
Record date in the bond redemption21 September 2023
Redemption of the Company’s Bonds28 September 2023

About Fingerprints

Fingerprint Cards AB (Fingerprints) – the world’s leading biometrics company, with its roots in Sweden. We believe in a secure and seamless universe, where you are the key to everything. Our solutions are found in hundreds of millions of devices and applications, and are used billions of times every day, providing safe and convenient identification and authentication with a human touch. For more information visit our website, read our blog, and follow us on Twitter. Fingerprints is listed on Nasdaq Stockholm (FING B).

For information, please contact:
Adam Philpott, CEO

Per Sundqvist, CFO

Stefan Pettersson, Head of Investor Relations:
+46(0)10-172 00 10
investrel@fingerprints.com

Press:
+46(0)10-172 00 20
press@fingerprints.com

The information was submitted for publication, through the agency of the contact persons set out above, on 5 September 2023 at 09:45 am CEST.        

Important information

This press release does not contain and does not constitute an offer to acquire, subscribe or otherwise trade in shares, subscription rights, BTAs, convertibles or other securities in Fingerprints. Invitation to the persons concerned to subscribe for shares in Fingerprints will only be made through a prospectus that Fingerprints will publish on its website after approval and registration with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen).

The information in this press release may not be disclosed, published or distributed, directly or indirectly, in or into the United States (including its territories and possessions), Australia, Japan, Canada, Hong Kong, New Zealand, Singapore or South Africa or any other jurisdiction where distribution or publication would be illegal or require registration or other measures than those that follow from Swedish law. Actions that violate these restrictions may constitute a violation of applicable securities laws.

No shares, subscription rights, BTAs, convertibles or other securities have been registered, and no shares, subscription rights, BTAs, convertibles or other securities will be registered under the United States Securities Act of 1933 as amended (“Securities Act”) or the securities legislation of any state or other jurisdiction of the United States and no shares, subscription rights, BTAs, convertibles or other securities may be offered, sold, or otherwise transferred, directly or indirectly, within or into the United States, except under an available exemption from, or in a transaction not subject to, the registration requirements under the Securities Act and in compliance with the securities legislation in the relevant state or any other jurisdiction of the United States.

In any Member State of the European Economic Area (“EEA”), other than Sweden, Denmark, Finland and Norway, this press release is intended for and is directed only to qualified investors in the relevant Member State as defined in the Regulation (EU) 2017/1129 (together with associated delegated regulations and implementing regulations, the “Prospectus Regulation”), i.e. only to those investors who can receive the offer without an approved prospectus in such EEA Member State.

In the United Kingdom, this press release is only being directed and communicated to persons who are qualified investors as defined in Article 2(e) of the Prospectus Regulation (as incorporated into domestic law in the United Kingdom) who are (i) persons who fall within the definition of “professional investors” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (“the Regulation”), or (ii) persons covered by Article 49(2)(a) - (d) in the Regulation, or (iii) persons to whom the information may otherwise lawfully be communicated (all such persons referred to in (i), (ii) and (iii) above are collectively referred to as “Relevant Persons”). Securities in the Company are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will only be processed in respect of Relevant Persons. Persons who are not Relevant Persons should not act based on or rely on the information contained in this press release.

Matters discussed in this press release may contain forward-looking statements. Such statements are all statements that are not historical facts and contain expressions such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “continues”, “should” and other similar expressions. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on additional assumptions. Although Fingerprints believes these assumptions were reasonable when made, such forward-looking statements are subject to known and unknown risks, uncertainties, contingencies and other material factors that are difficult or impossible to predict and beyond its control. Such risks, uncertainties, contingencies and material factors could cause actual results to differ materially from those expressed or implied in this communication through the forward-looking statements. The information, perceptions and forward-looking statements contained in press release speak only as at its date, and are subject to change without notice.

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Datum 2023-09-05, kl 09:45
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