IDEX – Grant of subscription rights
The board of directors of IDEX ASA resolved on 10 April 2011 to grant a total of 2,557,500 incentive subscription rights (“SRs”) to employees under the company’s 2010 subscription rights plan as resolved at the annual general meeting on 11 May 2010.
The exercise price of the SRs is NOK 1.96 per share. 25 per cent of the SRs vest on each anniversary from the date of the grant. The SRs expire on 11 May 2015.
11 April 2011