Nasdaq Stockholm Disciplinary Committee orders Fingerprint Cards AB to pay fine corresponding to two annual fees
Press release
December 2, 2016
Nasdaq Stockholm Disciplinary Committee orders Fingerprint Cards AB to pay fine corresponding to two annual fees
The Disciplinary Committee of Nasdaq Stockholm has decided to impose a fine on Fingerprint Cards corresponding to two times the annual fee paid by Fingerprint Cards to Nasdaq Stockholm. The decision in its entirety is available on Nasdaq's website:
http://www.nasdaqomx.com/listing/europe/surveillance/stockholm/disciplinarycommittee/decisions/
"We take a serious view of these events and have naturally taken the criticism leveled at the company's information disclosure practices on board. We attach great importance to maintaining a proper dialog with stock market participants regarding the company's financial communication", says Christian Fredrikson, CEO of Fingerprint Cards.
"While we have learned from these criticisms, I would like to point out that over the past year, we have strengthened the investor relations and communication organization. We will continue to improve our information disclosure and communication with stock market participants", concludes Christian Fredrikson.
For more information, please contact:
Christian Fredrikson, President and CEO, Fingerprint Cards, +46(0)31-60 78 20, investrel@fingerprints.com
Malin Strandvall, Press Coordinator, Fingerprint Cards, +46(0)70-490 44 79, malin.strandvall@fingerprints.com
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) is a high-tech, listed company which develops, produces and markets biometric technology that, through the analysis and matching of an individual's unique fingerprint, verifies the person's identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world-class advantages and includes unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages, in combination with low production costs, the technology may be implemented in large volume products, such as smartphones, tablets and biometric cards where these demands are extremely high. FPC's technology has been tested thoroughly in several fields of application.
Important information
Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer, or invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.
The information was issued for publication on December 2, 2016, at 2:35 p.m. (CET).