Fingerprint Cards will release its Q1 interim report on May 4th, the company has announced. The report’s publication will be followed by a telephone conference and webcast hosted by CEO Christian Fredrikson and CFO Johan Wilsby.
The announcement follows an Annual General Meeting at which the company’s leadership followed through on a proposal to maintain previous levels of pay for Board members, rather than raise their fees as previously planned. That decision was the result of FPC’s announcement in March that a drop in revenues is predicted for the first half of 2017.
The AGM also saw the company resolve to implement a long-term incentive program in which 25 employees of FPC will be able to earn free Class B shares, echoing a recently proposed incentive program within its longtime software partner Precise Biometrics. The AGM also determined that Board members and FPC’s President were not personally liable for the 2016 fiscal year, and that KPMG will again audit the company until FPC’s 2018 AGM.
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April 24, 2017 – by Alex Perala
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