LUND, SWEDEN--(Marketwire - March 23, 2009) -
The Annual General Meeting will be held at 4 p.m. on Wednesday April 22, 2006, at Scandic Hotel Star, Glimmervägen 5, Lund, Sweden.
An agenda containing the matters that are proposed to be brought before the Meeting is included in the official notice to attend the Meeting, which is appended this press release and which will be published on March 24, 2008 in the newspapers Post- och Inrikes Tidningar and Svenska Dagbladet.
As will be seen from the notice, inter alia the following proposals are submitted regarding matters at the Meeting:
* In order to enable the Company to make acquisitions of shares or assets in companies with payment (wholly or partly) in own shares and/or convertible bonds, the Board proposes that it should be authorized to resolve upon an increase of the share capital, with deviation from the shareholders’ preferential rights, with a maximum of SEK 4 million by issuing a maximum of 10 million shares, which at full exercise is equivalent to a dilution of just below 9.9 %. The further terms and conditions are set forth in the notice.
* The Board proposes that the Meeting resolves on guidelines for remuneration to management in accordance with the Board’s proposal, which main terms are set out in the notice.
* The Nomination Committee proposes, as regards the board, re-election of Marc Chatel, Eva Maria Matell, Lisa Thorsted and Lena Widin Klasén, with Lisa Thorsted as the Chairman. Jan T. Jørgensen has declined re-election. Torbjörn Clementz is proposed as a new member of the board.
As regards other proposals, please be referred to the appended notice.
For further information, please contact Patrik Norberg, CFO, Precise Biometrics AB Telephone +46 46 31 11 47, or +46 734 35 11 47 E-mail patrik.norberg@precisebiometrics.com Thomas Marschall, CEO, Precise Biometrics AB Tel +46 46 31 11 10 or +46 734 35 11 10 E-mail thomas.marschall@precisebiometrics.com
Precise Biometrics AB is an innovative company offering solutions for fingerprint recognition to prove people’s identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person. Our core product Precise BioMatch™ integrates into ID and bank card programs and secure chips, as well as systems for access control to buildings, computers and networks. We act on a global market and our technology is licensed to more than 80 million users all over the world. The Precise Biometrics group has subsidiaries in Sweden (with group headquarters in Lund), Great Britain, Hong Kong and USA, and a joint venture agreement in China. Precise Biometrics is listed on the small cap list at the Nordic Exchange in Sweden (symbol: PREC). For more information, please visit http://www.precisebiometrics.com/
Press Release: http://hugin.info/131387/R/1299554/296451.pdf
Complete Notice to Convene Annual General Meeting: http://hugin.info/131387/R/1299554/296458.pdf
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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