Private placement in IDEX
To obtain funding of IDEX in 2013, the board has resolved to carry out a private placement of shares.
The board of directors of IDEX ASA has resolved to carry out a private placement of shares. The number of shares and subscription price will be determined in a book building process to be conducted immediately and to be completed as soon as practical.
The subscription price will be in the range NOK 0.75-0.80 per share. The number of shares and the subscription price will be determined after the book building process. The placement will be directed towards significant shareholders and other suitable investors but not to more than 149 participants in total. Subscription for the new shares shall take place upon closing of the book building process.
The placement of the shares is pursuant to authorisation to issue shares, as resolved at IDEX’s 2012 annual general meeting.
8 November 2012
About IDEX ASA
IDEX ASA is a Norwegian public company specializing in fingerprint imaging and recognition technology. IDEX’ vision is to ensure individuals a safe, secure, and user-friendly use of personal ID. IDEX has developed the award-winning SmartFinger Film technology platform including the patented fingerprint imaging principle, sensing scheme and chip design. The SmartFinger technology is available to customers under an intellectual property licensing scheme or as SmartFinger Film sensor assemblies for integration into customers’ products. For more information, please visit www.idexbiometrics.com or contact IDEX at: email@example.com.