More than 99 per cent of warrants in IDEX exercised
IDEX ASA (“IDEX”) issued warrants to the subscribers of new shares in the rights issue completed in the third quarter 2009 (“2009-warrants”). The 2009-warrants were exercisable in the period 12 August-30 September 2010 and a final period 1 May-12 August 2011, whereafter the 2009-warrants expire.
Further to the notice dated 13 July 2011, IDEX has received notice of exercise of further 33,675,892 2009-warrants. More than 99 per cent of the 2009-warrants have thus been exercised. The payments are due latest ten days after subscription, whereafter the capital increase will be registered and the shares issued as soon as practical.
The exercise of 2009-warrants in the period 1 May-12 August 2011 will thus raise NOK 11.6 million new capital in IDEX.
Subject to payments, the share capital of IDEX will amount to NOK 40,766,070.15, representing 271,773,801 shares at NOK 0.15 par value per share.
16 August 2011
Contact person: Erling Svela, CFO, +47 4062 1040; email@example.com