Private placement in IDEX
Due to increased activity level in IDEX ASA, 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 up to NOK 22 million. 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 number of shares and the subscription price will be determined after the book building process. The placement will be directed towards existing shareholders and other suitable investors but not to more than 149 participants in total.
The placement of the shares will be subject to resolution at IDEX’s annual general meeting on 16 May 2013. Significant shareholders have confirmed that they will support the resolution.
22 April 2013
About IDEX ASA
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 email@example.com