Mandatory notice of trades in IDEX – shares as board remuneration
IDEX ASA issues this notice on behalf of the primary insiders below. Following the annual general meeting of IDEX on 16 May 2013, chairman Morten Opstad and board members Hanne Høvding, Joan Frost Urstad and Harald Voigt elected to receive the board remuneration in shares.
Morten Opstad will acquire 119,940 shares for which he will pay a subscription price of NOK 0.15 per share in lieu of receiving a cash board remuneration of NOK 180,000. After this transaction, Mr. Opstad and his close associates will hold 6,867,165 shares and 0 (nil) rights to shares in IDEX.
Board member Hanne Høvding will acquire 93,287 shares for which she will pay a subscription price of NOK 0.15 per share in lieu of receiving a cash board remuneration of NOK 140,000. After this transaction, Ms. Høvding and her close associates will hold 418,014 shares and 29,657 subscription rights in IDEX.
Board member Joan Frost Urstad will acquire 93,287 shares for which she will pay a subscription price of NOK 0.15 per share in lieu of receiving a cash board remuneration of NOK 140,000. After this transaction, Ms. Urstad and her close associates will hold 400,992 shares and 59,314 subscription rights in IDEX.
Board member Harald Voigt will acquire 46,643 shares for which he will pay a subscription price of NOK 0.15 per share in lieu of receiving a cash board remuneration of NOK 70,000. After this transaction, Mr. Voigt and his close associates will hold 3,162,086 shares and 59,314 subscription rights 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
