Mandatory notice of trades in IDEX – participation in placement
Reference is made to the notice issued by IDEX ASA on 23 April 2013 on behalf of certain primary insiders in the company who on 22 April 2013 participated in the book building for a private placement of new shares.
The issue of shares was contingent on resolution by the annual general meeting in IDEX on 16 May 2013, which resolution was passed by the annual general meeting.
Hemant Mardia was was hired as CEO of IDEX on 7 May 2013, and became a primary insider in that capacity. Mr. Mardia was also among the participants in the book building.
Frode Haugli was elected to board member of IDEX on 16 May 2013, and becomes a primary insider in that capacity. Mr. Haugli was also among the participants in the book building.
Mr. Mardia was allocated 265,625 shares in the placement. After this transaction, Mr. Mardia and his close associates will hold 265,625 shares and 5,000,000 incentive subscription rights in IDEX.
Edorf Invest AS, a company controlled by Mr. Haugli, was allocated 156,250 shares in the placement. After this transaction, Mr. Haugli and his close associates will hold 156,250 shares and and 0 (nil) rights to shares in IDEX.
21 May 2013
IDEX ASA
Contact
Inge Berge, Business development and investor relations, +47 9326 8836, inge.berge@idexbiometrics.com
About IDEX
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 mailbox@idexbiometrics.com
