Successful private placement in IDEX
Oversubscribed by 30 per cent.
IDEX has received subscriptions for 11.8 million shares at NOK 1.00 per share in a successful private placement of 9.0 million shares, which closed on 9 May 2012. The placement was oversubscribed by 30 per cent.
Holders of 2011-warrants will be given priority in the allocation. Otherwise, existing shareholders will be given preference to other investors.
10 May 2012
IDEX ASA
Press contact:
Ralph W. Bernstein, CEO, +47 9305 9303, ralph.bernstein@idexbiometrics.com
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: mailbox@idexbiometrics.com.
–o–
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
