FPC Board Postpones Remuneration, Share Proposals

Fingerprint Cards‘ Board of Directors has cancelled an extra general meeting that had been planned for November 30th. The meeting was meant to outline a remuneration program for the company’s management.FPC Plans for Sustained Growth, Shareholder Rewards

In a statement announcing the meeting’s cancellation, FPC said its Board of Directors’ goal is “clear and transparent corporate governance,” as well as “to continue to increase the institutional ownership in the company and to have a good dialogue with stakeholders”. The Board will instead introduce its remuneration program at the company’s annual general meeting on April 20th of next year, where it will also introduce a proposal to cancel outstanding shares.

Meanwhile, FPC’s plans for a Capital Markets Day on December 8th evidently hold firm. That event should see the revelation of FPC’s 2017 guidance, among other business commentary from the company.

November 28, 2016 – by Alex Perala