Mandatory notice of trade in IDEX – board remuneration in shares
IDEX ASA issues this notice on behalf of the primary insiders below. Following the annual general meeting of IDEX on 11 May 2016, board members Deborah Davis, Hanne Høvding and Andy MacLeod elected to receive part or full board remuneration in shares.
Board member Deborah Davis will acquire 48,487 shares for which she will pay a subscription price of NOK 0.15 per share, instead of receiving a cash board remuneration of NOK 300,000. After this transaction, Ms. Davis will hold 48,487 shares and no other rights to shares in IDEX.
Board member Hanne Høvding will acquire 48,487 shares for which she will pay a subscription price of NOK 0.15 per share, instead of receiving a cash board remuneration of NOK 300,000. After this transaction, Ms. Høvding will hold 366,062 shares and no other rights to shares in IDEX.
Board member Andrew James Macleod will acquire 36,365 shares for which he will pay a subscription price of NOK 0.15 per share, instead of receiving a cash board remuneration of NOK 225,000. Mr. MacLeod will take the remainder of the board remuneration in cash. After this transaction, Mr. MacLeod will hold 415,457 shares and 500,000 incentive subscription rights in IDEX.
12 May 2016
IDEX ASA
Web: www.idexbiometrics.com
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa
Contact:
Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idexbiometrics.com
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