IDEX – Mandatory notice of trade
IDEX ASA (“IDEX”) issues this notice on behalf Ralph W. Bernstein, who is CEO in IDEX and a primary insider in the company.
On 2 November 2010, Ralph W. Bernstein received 500,000 incentive subscription rights under the company’s 2010 subscription rights plan, in two lots of 250,000 subscription rights each. The exercise price of 250,000 SRs is NOK 1.02 per share and the exercise price of 250,000 SRs is NOK 1.50 per share. The vesting schedule is the same for both lots. 25 per cent of the SRs vest on each anniversary from the date of the grant. The SRs expire on 11 May 2015.
After the transaction, Ralph W. Bernstein holds or controls 177,319 shares, 157,319 warrants and 2,231,963 subscription rights in IDEX.
2 November 2010
IDEX ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
On 2 November 2010, Ralph W. Bernstein received 500,000 incentive subscription rights under the company’s 2010 subscription rights plan, in two lots of 250,000 subscription rights each. The exercise price of 250,000 SRs is NOK 1.02 per share and the exercise price of 250,000 SRs is NOK 1.50 per share. The vesting schedule is the same for both lots. 25 per cent of the SRs vest on each anniversary from the date of the grant. The SRs expire on 11 May 2015.
After the transaction, Ralph W. Bernstein holds or controls 177,319 shares, 157,319 warrants and 2,231,963 subscription rights in IDEX.
2 November 2010
IDEX ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)
