IDEX Biometrics Announces Successful Share Capital Increase

Author: Owen Jenkins Updated: 03-24-2025 11:45 AM

IDEX Biometrics Completes Share Capital Increase

IDEX Biometrics ASA is pleased to announce the successful registration of a share capital increase following the recent exercise of Warrants A. This event represents a significant milestone in the company's growth and ongoing commitment to innovation in the biometrics sector.

Details of the Share Capital Increase

Exercise of Warrants A

On March 18, an announcement revealed that a total of 17,258 Warrants A were exercised. This resulted in the subscription of 17,258 new shares, with each Warrant A having an exercise price established at NOK 0.15. The exercise of these warrants exemplifies the confidence investors have in IDEX Biometrics’ future directions and projects.

Current Share Capital Standing

The recent registration has increased IDEX Biometrics ASA's share capital to NOK 124,739,134.80. This capital is now divided into 831,594,232 shares, each carrying a nominal value of NOK 0.15. Such an increase not only strengthens the company’s equity base but also enhances its capacity for future developments and investments.

Contact Information for Stakeholders

For additional details or inquiries, stakeholders can reach out to:

Marianne Bøe, Head of Investor Relations, Tel: +47 91800186

Kristian Flaten, CFO, Tel: +47 95092322

E-mail: ir@idexbiometrics.com

About IDEX Biometrics ASA

IDEX Biometrics ASA (IDEX) is a leading global technology company specializing in fingerprint biometrics. The firm is at the forefront of providing authentication solutions that encompass payment systems, access control mechanisms, and digital identity verification. With a mission to deliver convenience, security, and seamless user experiences, IDEX crafts its solutions through advanced research and proprietary technologies.

They have established partnerships with prominent card manufacturers and technology firms, ensuring that their cutting-edge biometric solutions are accessible within the payment and digital authentication landscape. This collaborative approach enhances IDEX’s position as an innovative leader in the biometric industry.

Company Notice

This announcement was issued by CFO Kristian Flaten on behalf of IDEX Biometrics ASA, confirming the registration of the share capital increase. The information disclosed here is in compliance with relevant regulations.

Frequently Asked Questions

What is the recent share capital increase by IDEX Biometrics?

IDEX Biometrics has registered a share capital increase amounting to NOK 124,739,134.80 by exercising Warrants A.

How many Warrants A were exercised?

A total of 17,258 Warrants A were exercised, leading to the issuance of an equal number of new shares.

What is the nominal value of the newly issued shares?

The nominal value of each new share is NOK 0.15.

How can investors contact IDEX Biometrics?

Investors can contact Marianne Bøe or Kristian Flaten for inquiries, using the provided phone numbers and email.

What is the focus area of IDEX Biometrics ASA?

IDEX specializes in fingerprint biometrics, providing solutions for secure transactions, access control, and identity verification.

About The Author

Hi there I'm 38-year-old author and financial consultant Owen Jenkins. Having worked in the financial sector for more than ten years, I am well-versed in the subtleties and complexity that mold our financial environment. Following a degree in finance, I worked in a number of financial institutions honing my abilities in market analysis, financial planning, and investment strategies.

My love is teaching others about investing and personal finance. My goal in writing many books and articles has been to demystify financial ideas and give readers the information they need to make wise financial decisions. I write with a direct, useful style that emphasizes doable suggestions for daily living.

Along with writing, I lead webinars and seminars where I impart knowledge on how to successfully negotiate the financial world. I also write for financial journals and show up as a guest expert on financial news programs a lot. Whether they are new to investing or want to improve their approach, my mission is to enable people to take charge of their financial futures.

Beyond work, I like to hike, play the guitar, and spend time with my family. I think that balance is crucial and want to encourage people to strike a balance between their financial aspirations and their hobbies. I want to help people succeed and achieve financial security through my work, so having a good influence.

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