Grant of Incentive Subscription Rights in IDEX
Oslo, Norway – 8 November 2018 – The board of directors of IDEX ASA resolved on 7 November 2018 to issue 1,508,000 incentive subscription rights to employees and individual contractors in the IDEX group. The grant was made under the company’s 2018 incentive subscription rights plan as resolved at the annual general meeting on 9 May 2018. The exercise price of the subscription rights is NOK 5.12 per share. The subscription rights vest by 25 per cent per year. All subscription rights expire on 9 May 2023. Following the grant there will be 40,901,300 subscription rights outstanding.
Henrik Knudtzon, CFO, +47 9302 2827, email@example.com
About IDEX Biometrics
IDEX Biometrics, also known as IDEX ASA (OSE: IDEX), is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, please visit www.idexbiometrics.com and follow us on Twitter @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.