Mandatory notice of trade in IDEX
IDEX ASA issues this notice on behalf of the primary insiders below. Following the annual general meeting of IDEX on 7 May 2014, board members Frode Haugli and Hanne Høvding elected to receive respectively part and full board remuneration in shares.
Board member Frode Haugli will acquire 20,116 shares for which he will pay a subscription price of NOK 0.15 per share instead of receiving a cash board remuneration of NOK 85,000. After this transaction, Mr. Haugli and his close associates will hold 176,366 shares and no other rights to shares in IDEX.
Board member Hanne Høvding will acquire 43,781 shares for which she will pay a subscription price of NOK 0.15 per share instead of receiving a cash board remuneration of NOK 185,000. After this transaction, Ms. Høvding and her close associates will hold 241,474 shares and 26,532 subscription rights in IDEX.
8 May 2014
Erling Svela, CFO, +47 4062 1040, erling.svela(at)idexbiometrics.com
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX’s vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger technology platform based on the company’s core intellectual property, including the patented fingerprint imaging principle, sensing scheme and chip design. Combined with core software solutions for imaging and authentication, the SmartFinger technology enables on-device enrollment, template storage and verification within the very same module. SmartFinger solutions can be seamlessly integrated into a variety of embedded applications such as mobile phones, one-time password devices, Smartcards, payment and ID cards, payment terminals, access control devices and biometric security and login tokens.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess marketplace on the Oslo Børs (Oslo stock exchange). For more information, please visit www.idexbiometrics.com or contact IDEX at email@example.com