Latest news with #FPC
Yahoo
4 days ago
- Business
- Yahoo
Record date for reverse share split in Fingerprint Cards AB (publ)
At the Annual General Meeting of Fingerprint Cards AB (publ) ('FPC' or the 'Company') held on June 24, 2025, a resolution was passed to carry out a reverse share split, whereby two thousand (2,000) existing shares will be consolidated into one (1) new share (reverse split 1:2,000). The AGM also resolved to authorize the Board of Directors to determine the record date for the reverse split. The Board has decided that the record date for the reverse split will be July 11, 2025. As a result of the reverse split, FPC's B-shares will change its ISIN code. As of July 10, 2025, the B-shares will be traded under the new ISIN code SE0025420235. From this date, the share price will reflect the effect of the reverse split. Following the reverse split, the total number of shares in the Company will decrease from 15,175,375,766 shares (7,875,000 A-shares and 15,167,500,766 B-shares) and 15,246,250,766 votes to 7,587,687 shares (3,937 A-shares and 7,583,750 B-shares) and 7,623,120 votes. Each share will have a quota value of SEK 21.353477 after the reverse split. Shareholders will automatically receive a new, lower number of shares in proportion to their holdings as of the record date on July 11, 2025. Shareholders whose holdings of B-shares on the record date are not evenly divisible by 2,000 will, in accordance with the AGM's resolution, receive additional B-shares free of charge from the Company to ensure their holdings are evenly divisible by 2,000. The provision of these B-shares will be handled by Euroclear Sweden AB, and no further action is required by the shareholders. Timeline for the reverse share split: July 9, 2025 – Last day of trading in Fingerprint's share before the reverse split. July 10, 2025 – First day of trading in Fingerprint's share after the reverse split. This means that the share price from this day onward will reflect the effect of the reverse split. July 11, 2025 – Record date for the reverse split. For further information, please contact: Adam Philpott, CEO Investor Relations: +46(0)10-172 00 10, investrel@ Press: +46(0)10-172 00 20, press@ About FPC Fingerprint Cards AB (FPC) is a global biometrics leader, offering intelligent edge to cloud biometrics. We envision a secure, seamless world where you are the key to everything. Our solutions – trusted by enterprises, fintechs, and OEMs – power hundreds of millions of products, enabling billions of secure, convenient authentications daily across devices, cards, and digital platforms. From consumer electronics to cybersecurity and enterprise, our cloud-based identity management platforms support multiple biometric modalities, including fingerprints, iris, facial, and more. With improved security and user experience, we are driving the world to passwordless. Discover more at our website and follow us on LinkedIn and X for the latest updates. FPC is listed on Nasdaq Stockholm (FING B). Attachment 250703 - Decision record dateError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Indian Express
30-06-2025
- Business
- Indian Express
As hedging desk comes up for cotton and maize, soyabean farmers in Maharashtra ask: ‘Why keep us away from futures market?'
Last week, as Vilas Ufade and other members of Vikas Agro, a farmer producer company (FPC), watched Maharashtra Chief Minister Devendra Fadnavis unveil the first hedging desk for cotton and maize in Pune, one question lingered in their minds: 'Why has soyabean been banned from the futures markets for four long years?' Located in the heart of Maharashtra's soyabean belt in Latur, Vikas Agro was one of the more than 700 FPCs which dealt with the commodity in the futures market of the National Commodity and Derivatives Exchange (NCDEX). However, the Securities and Exchange Board of India (SEBI) in December 2021 banned the trading of soyabean, along with six other agro commodities, on the futures platform. The hedging desk for cotton and maize was established to provide training and guidance to farmers and FPOs on participating in the commodity futures market. Nevertheless, 'it is going to be a bloodbath' for soyabean farmers, according to Ufade. 'Even before sowing, prices are far below the government-declared minimum support price (MSP). With no guidance on prices, it will be difficult to form any logical decision about offloading,' said Ufade. SEBI imposed a ban on soyabean to prevent speculation in commodities, which the regulator believed was causing unusual price fluctuations in the physical markets. Market participants, however, have strongly denied this claim. The ban remains in force, with soyabean prices trading well below their MSP for most of 2023 and 2024. This year, as Ufade said, the prices are almost Rs 1,000/quintal less than the MSP of Rs 4,986/quintal even before the sowing has finished. For FPCs like Vikas Agro, the futures platform served as an alternative to traditional markets for offloading their produce. 'Before the ban, we traded over 500 tonnes of soyabean on the platform. If anything, the price guidance available in the futures platform would have helped us to decide on whether to sell in the wholesale markets of Latur or hold on to the produce for more time,' Ufade said. The futures platform showed price movement three months in advance. 'For our members, this was the biggest advantage of the platform. If the prices in September are below our expectations, instead of soybeans, they would go for some other crop. At least there was some price point to take the call. Now it is all up in the air,' explained Ufade. According to agri commodity analyst Dipak Chavan, the SEBI's decision to ban futures trading was not in line with established norms or reasons. 'Across the world, agri commodity exchanges have helped farmers and the agricultural community at large to develop price insights. This ban makes no sense,' he said. Partha Sarathi Biwas is an Assistant Editor with The Indian Express with 10+ years of experience in reporting on Agriculture, Commodities and Developmental issues. He has been with The Indian Express since 2011 and earlier worked with DNA. Partha's report about Farmers Producer Companies (FPC) as well long pieces on various agricultural issues have been cited by various academic publications including those published by the Government of India. He is often invited as a visiting faculty to various schools of journalism to talk about development journalism and rural reporting. In his spare time Partha trains for marathons and has participated in multiple marathons and half marathons. ... Read More
Yahoo
26-06-2025
- Business
- Yahoo
FPC welcomes two new board members to accelerate strategic growth
Gothenburg, Sweden – June 26, 2025 – Fingerprint Cards AB (FPC) is pleased to announce the appointment of two distinguished new members to its Board of Directors following the company's Annual General Meeting held on 24th June, 2025. The shareholders voted in favour of appointing John Lord and Carl Johan Grandinson to the board, marking a pivotal step in FPC's evolution as it enters an exciting new chapter of innovation and strategic transformation. Introducing Our New Board MembersJohn Lord brings over 25 years of leadership experience across global financial and technology enterprises. Beginning his career at Euler Hermes (1990–1995) and RBS Commercial Finance (1996–1998), he progressed to C-level leadership roles in GE Finance and Dun & Bradstreet UK & Ireland (2000–2007). Lord later served as Group Sales & Marketing Director at LBM Direct Marketing and then as Group Managing Director of GBG plc (2009–2016). In 2016, he founded and led TruNarrative as CEO until 2021, and currently holds chair and investor roles at Panintelligence, Relative Insight, and Engage PSG Search. His background in finance, risk, and SaaS—especially in identity verification—provides FPC with valuable strategic oversight in growing enterprise-facing biometric solutions. Carl Johan Grandinson offers deep expertise at the intersection of technology, marketing, and operational scaling. With an MSc in Mechanical Engineering (KTH) and media/marketing studies at Stockholm School of Economics and Stanford, he began as TradeDoubler's first employee (1999–2007), rising to Regional Director overseeing Nordic and Southern Europe. He then co-founded the award-winning Media Agency Tre Kronor Media (2007-2015) and later co-founded Glue Home (2015-2021), a smart-lock and InHome delivery platform company. Currently, he is working with growth equity investments in enterprise software companies as Founding Partner at Qvantea Capital (2021-). Strategic Significance of Their AppointmentJohn and Carl Johan join FPC at a transformational time for the company. As FPC expands its solutions up the value chain, across embedded biometrics and secure access technologies, these new board members offer complementary strengths that will reinforce the company's strategic capabilities. John Lord's global market insight and innovation leadership will bolster FPC's go-to-market initiatives, especially in new verticals where advanced biometric authentication is in high demand. His experience guiding businesses through technological shifts aligns seamlessly with FPC's vision for smarter, more secure biometric solutions. Carl Johan Grandinson's financial and strategic acumen will add critical depth to FPC's governance and capital planning, supporting the company's drive toward long-term sustainability and profitability. His track record of working across transformative technology landscapes makes him particularly well-suited to help guide FPC's operational and strategic roadmap. Christian Lagerling, Chairman at FPC, commented:'We are thrilled to welcome John and Carl Johan to our board. Their combined experience, leadership, and deep industry knowledge will be invaluable as we pursue our new strategic direction. This is a pivotal time for FPC, and their appointments reinforce our commitment to bold innovation, operational excellence, and long-term value creation for our shareholders and customers.' For more information about FPC please visit For further information, please contact:Adam Philpott, CEO Investor Relations: +46(0)10-172 00 10, investrel@ Press: +46(0)10-172 00 20, press@ About FPCFingerprint Cards AB (FPC) is a global biometrics leader, offering intelligent edge to cloud biometrics. We envision a secure, seamless world where you are the key to everything. Our solutions – trusted by enterprises, fintechs, and OEMs – power hundreds of millions of products, enabling billions of secure, convenient authentications daily across devices, cards, and digital platforms. From consumer electronics to cybersecurity and enterprise, our cloud-based identity management platforms support multiple biometric modalities, including fingerprints, iris, facial, and more. With improved security and user experience, we are driving the world to passwordless. Discover more at our website and follow us on LinkedIn and X for the latest updates. FPC is listed on Nasdaq Stockholm (FING B). Attachment 250626 - New Board MembersError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-06-2025
- Sport
- Yahoo
🚨 Starting line-ups confirmed for América de Cali and Medellín
The 'Red Devils' host the 'Powerful' at the Pascual Guerrero, already a finalist in the Liga BetPlay DIMAYOR 2025-I, in the last matchday of the Semifinal Quadrangulars. América de Cali and Independiente Medellín face off at Pascual Guerrero in their last game of the Semifinal Quadrangulars of the Liga Betplay DIMAYOR 2025-I with different realities. The home team bids farewell to its coach and closes a cycle, while the visitors are already savoring the championship final. Advertisement The 'Mechita' seeks a win against DIM to close with honor a quadrangular in which things didn't go well and was eliminated last date despite beating Junior de Barranquilla. América de Cali's starting lineup Jorge 'Polilla' Da Silva, who announced his resignation before this match, puts out his best available players. Medellín, on the other hand, comes into this match after beating Deportes Tolima 2-1 and sealing its qualification to a new FPC final. Beyond playing the definition, it also seeks to add key points for the reclassification and wants to finish the final at home. DIM's starting lineup Alejandro Restrepo has opted for this formation to close out the participation in the Semifinal Quadrangulars. This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.
Yahoo
13-06-2025
- Business
- Yahoo
Conservationists try to stop PGE appeal tied to Forest Park transmission line project
PORTLAND, Ore. () — Three organizations want to block Portland General Electric's attempt to reverse the city's rejection of its . Forest Park Conservancy, Forest Park Neighborhood Association and Bird Alliance of Oregon announced on Thursday that they had filed a motion to intervene in the utility company's appeal. PGE in late May, about a month after Portland City Council denied its proposal to axe 376 trees from five acres of Forest Park. Documentary coming to Portland unpacks '80s music scene's connection with Vietnamese youth The company planned to remove the trees to make way for a new quarter-mile transmission line, and to upgrade a pre-existing line, on the 5,200-acre property. While PGE has claimed the project is 'urgently needed and the least impactful' way to maintain 'reliable power,' conservationists have argued it would hinder plant and animal communities. 'We are disappointed that PGE has chosen to challenge the City Council's decision,' FPC Executive Director Scott Fogarty said in a statement. 'We will continue to stand by our responsibility to protect Forest Park under long-standing policy and to represent the voices of our community.' The of the project earlier this year, saying it conflicts with Portland's 30-year-old plan for managing the park's natural resources. Commission co-chairs noted previous transmission line failures that have caused wildfires, although PGE has said the proposal could mitigate wildfire risks. Newberg vineyard workers arrested in targeted ICE raids: Salinas Portland officials have received more than 3,000 comments in opposition to PGE's plan since January, according to the three organizations that filed the motion to intervene. A following a public hearing that same month, but FPC soon responded with an appeal of its own. In their unanimous decision to reverse the hearings officer's approval, councilors said the utility company failed to show how the project would provide a 'material carbon reduction.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.