IDEX private placement guaranteed
In connection with the private placement of 9,049,103 new shares resolved by IDEX on 23 April 2012 (“the Placement“), an underwriting consortium has agreed to underwrite and guarantee subscription for the full Placement.
The underwriters agree, in case of insufficient subscription by the holders of 2011-warrants, to subscribe for the number of shares necessary for the Placement to be fully subscribed for, and to pay to the Company the associated subscription price.
The underwriting consortium consists of both major holders of 2011-warrants as well as major shareholders, including Audar Sundvall, Rune Sundvall and A. S. Holding AS, Charles Street International Ltd. and Robert N. Keith, Storebrand and Hedger Management SA. Also a board member of IDEX participates in the underwriting consortium.
IDEX will not pay any fees to the underwriters.
Subscription for the new shares shall take place in the period 27 April-11 May 2012. The Board reserves the right to close the subscription period earlier.
30 April 2012
IDEX ASA
Press contact:
Ralph W. Bernstein, CEO, +47 9305 9303, ralph.bernstein@idexbiometrics.com
About IDEX ASA
IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology. IDEX’ vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger Film technology platform including the patented fingerprint imaging principle, sensing scheme and chip design. The SmartFinger technology is available to customers under an intellectual property licensing scheme or as SmartFinger Film sensor assemblies for integration into customers’ products. For more information, please visit www.idexbiometrics.com or contact IDEX at: mailbox@idexbiometrics.com.
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