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Board of Directors in Precise Biometrics AB Sets Terms for New Issue of Shares


9/7/2012 10:10:36 AM

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

Precise Biometrics (STO:PREC):

• Shareholders in Precise Biometrics have a preferential right to subscribe two (2) new shares for five (5) existing shares on the record day September 17, 2012.

• The subscription price has been set to SEK 0,72 per share, which corresponds to a total issue amount of approx. SEK 54,4 million, contingent on that the share issue is fully subscribed.

• A guarantee consortium has committed to subscribe to shares in the share issue up to 70% of the total issue amount, corresponding to SEK 38,1 million.

• The subscription period runs between September 19 – October 3, 2012.


Read at BioSpace.com


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