Fingerprint Cards board chair resigns after insider trading conviction (updated)
22/06/2022 10:53
(Updates with resignation, adds share price, detail)
OSLO, June 22 (Reuters) - Fingerprint Cards' FINGb.ST
board chair Johan Carlstrom resigned from his post on Wednesday
after being found guilty of illegal insider trading, the company
said in a statement.
Carlstrom was sentenced to 18 months in prison for making
four illegal trades in the company's shares in 2013 and 2014, a
Swedish court ruled earlier. urn:newsml:reuters.com:*:nO9N2W202R
The share price of Fingerprint Cards fell 5.7% by 0945 GMT
to trade at their lowest level since late 2018.
Carlstrom is the company's biggest owner with a stake of 7%
and controls more than a fifth of the company's votes at
shareholder meetings.
(Reporting by Terje Solsvik, editing by Gwladys Fouche and
Stine Jacobsen)
((terje.solsvik@thomsonreuters.com; +47 918 666 70))