Mandatory notice of trade in IDEX Biometrics – Incentive subscription rights 26 February 2020
On 26 February 2020, Vincent Graziani, who is the new CEO of IDEX Biometrics ASA, was granted 5,000,000 incentive subscription rights (SRs) in the company. The exercise price of the SRs is NOK 1.11 per share. 25% of the SRs vest per year and the SRs expire on 9 May 2024. After the grant, Mr. Graziani holds no shares and 5,000,000 SRs in IDEX.
For further information contact:
Marianne Bøe, Investor Relations
Tel: + 47 918 00186
Derek D’Antilio, Chief financial Officer
Tel: +1 197 827 31344
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer, and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and follow on Twitter @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act