IDEX private placement oversubscribed and will close early
The private placement of 9,049,103 new shares resolved by the board of directors in IDEX on 23 April 2012, which was guaranteed by an underwriting consortium, has been oversubscribed. The placement will be closed by the close of business on Wednesday 9 May 2012.
Holders of 2011-warrants will be given priority in the allocation. Otherwise, existing shareholders will be given preference to other investors.
The result of the subscription and the allocation result will be announced as soon as practical after the subscription period has been closed.
8 May 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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This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
