Grant of Incentive Subscription Rights

The board of directors of IDEX ASA resolved on 15 August 2018 to issue 3,727,600 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 5.10 per share. 2,627,600 subscription rights vest by 25 per cent per year, while 1,100,000 subscription rights vest by 34 per cent on the grant date and 33 per cent per following year, subject to the recipient not terminating his service agreement with IDEX before 15 August 2019. All subscription rights expire on 9 May 2023. Following the grant there will be 40,463,700 subscription rights outstanding.

Contact
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idexbiometrics.com

About IDEX Biometrics
IDEX Biometrics is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form-factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion unit opportunity.

IDEX ASA is traded on the Oslo Stock Exchange under the ticker IDEX.

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.