Ahead of the Annual General Meeting in Precise Biometrics AB

Ahead of the Annual General Meeting in Precise Biometrics AB

 

The Annual General Meeting will be held at 4 p.m. on Tuesday April 24, 2012, at
Precise Biometrics premises, Scheelevägen 30 in 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 27, 2012 in
Post- och Inrikes Tidningar and at Precise Biometrics web page. A notice that
such advertisement has been made will be published in Svenska Dagbladet on March
27, 2012.

As set forth in the notice, the agenda of the Meeting include the following
matters:

  · The Nomination Committee proposes, as regards members of the Board,
re-election of Torbjorn Clementz, Eva Maria Matell, Lisa Thorsted and Lena Widin
Klasén, with Lisa Thorsted as the Chairman of the Board. Erwin Leichtle is
proposed to be new member of the board.

  · The Meeting is proposed to resolve on guidelines for remuneration to
management in accordance with the Board’s proposal, which is set forth in the
notice.

  · The Meeting is proposed to approve the proposal of the Board to authorize
the Board to resolve on an increase of the Company’s share capital, with
deviation from the shareholders’ preferential right, by issuing a maximum of
18,895,000 shares and/or convertibles to be converted into a maximum of
18,895,000 shares, which at full exercise is equivalent to a dilution of
approximately 10 %. The purpose of the authorization and the reason for the
deviation from the shareholders’ preferential right is to enable the Company to
effect payment of company acquisitions by the Company’s own shares and/or
convertible bonds and to obtain capital contributions from new owners that are
important.The further terms and conditions are set forth in the notice.

  · As regards other proposals, please be referred to the appended notice.

For more information
Patrik Norberg, CFO
Precise Biometrics AB Tel: 46 46 31 11 47 or 46 734 35 11 47
E-mail: patrik.norberg@precisebiometrics.com