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 may be exercised in a final period 1 May-12 August 2011.
IDEX had by 8 July 2011 received notice of exercise and payment of 4,941,579 2009-Warrants. The board resolved on 12 July 2011 to issue 4,941,579 new shares and this share capital increase will be registered soonest.
Following this issue, the share capital of IDEX amounts to NOK 35,714,686.35, representing 238,097,909 shares at NOK 0.15 par value per share. 34,264,199 2009-Warrants remain outstanding. These 2009-Warrants are exerciseable until 12 August 2011, whereafter they expire.
13 July 2011
Contact person: Erling Svela, CFO, +47 4062 1040; email@example.com