Mandatory notification of trade in IDEX
On 27 February 2018, Mr Stan Swearingen, Chief Products Officer and primary insider of IDEX ASA, purchased 41,663 shares at an average price of NOK 5.08 per share. Following the transaction, Mr Swearingen holds or controls 150,000 shares and 6,815,000 incentive subscription rights in IDEX. Mr Swearingen was recently appointed CEO of IDEX, effective from 1 April 2018.
IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company’s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX’s total addressable market represents a fast-growing multi-billion unit opportunity.
IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.