Mandatory notice of warrants exercise in IDEX
IDEX ASA (“IDEX”) issues this notice on behalf of certain primary insiders in the company.
Ralph W. Bernstein, who is CEO in IDEX ASA, holds warrants originating from subscription to shares in the rights issue in IDEX ASA in the third quarter 2009 (“2009-warrants”). Morten Opstad, who is chairman of the board of directors and his close associates also hold 2009-warrants.
On 12 August 2011 Mr. Opstad exercised 271,373 2009-warrants and his close associates exercised 643,744 2009-warrants, at a price of NOK 0.30 per share in the exercise period ending on 12 August 2011.
Following completion of this transaction, Mr. Opstad and his close associates combined will hold or control 6,359,845 shares and 0 (nil) rights to shares in IDEX.
On 12 August 2011 Mr. Bernstein exercised 157,319 2009-warrants at a price of NOK 0.30 per share in the exercise period ending on 12 August 2011.
Following completion of this transaction, Mr. Bernstein will hold or control 334,638 shares and 2,731,963 incentive subscription rights in IDEX ASA.
15 August 2011
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.