Mandatory notice of trade in IDEX
IDEX ASA (“IDEX”) issues this notice on behalf of primary insiders of the company.
CTO Ralph W. Bernstein has transferred 334,638 shares to family members in a direct transaction on 24 February 2014. The shares were transferred for no consideration. Dr. Bernstein has also exercised 1,672,960 subscription rights and acquired the corresponding number of shares at an weighted average price of NOK 1.14 per share. To fund the exercise and tax, Dr. Bernstein sold 991,161 shares at a price of NOK 7.50 per share after market close on 24 February 2014. After these transactions, Dr. Bernstein holds 681,799 shares and 2,000,000 rights to shares in IDEX.
CFO Erling Svela has exercised 66,668 subscription rights and acquired the corresponding number of shares at a price of NOK 1.20 per share. To fund the exercise and tax, Mr. Svela sold 40,001 shares at a price of NOK 7.50 per share after market close on 24 February 2014. After these transactions, Mr. Svela holds 26,667 shares and 640,000 rights to shares in IDEX.
25 February 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