IDEX Biometrics ASA Announces Insider Share Transactions

IDEX Biometrics ASA Reports Key Developments in Insider Trading

IDEX Biometrics ASA has made important updates regarding share transactions initiated by primary insiders, following recent approvals at the Extraordinary General Meeting. This meeting confirmed the subsequent offering and showcased the active involvement of the company's leadership.

Highlights of the Insider Subscription

The Company's Chair, Morten Opstad, has subscribed to a notable 1,000,000 shares at a price of NOK 0.15 per share. The allocation includes 250,000 shares assigned to K-Konsult AS and 750,000 shares for Marc O Polo Norge AS. Following this subscription, Opstad, along with affiliated parties, now holds a total of 2,479,786 shares in IDEX Biometrics ASA. In addition to the share allocation, they were also granted 1,000,000 Warrants at the same price.

CEO's Commitment to Growth

In a similar move, IDEX Biometrics ASA’s CEO, Catharina Eklof, also subscribed to 1,000,000 shares at NOK 0.15 per share. This substantial investment underscores the confidence of the company's leadership in its future. After this latest acquisition, Eklof's holdings have risen to 1,694,403 shares. She, too, received 1,000,000 Warrants at NOK 0.15 per share, signaling a profound belief in the company’s ongoing potential.

About IDEX Biometrics ASA

IDEX Biometrics ASA (OSE: IDEX) stands as a global frontrunner in biometric fingerprint technology. The company specializes in providing advanced authentication solutions applicable to various sectors, including payments, access control, and digital identity verification. Their innovative products are designed to enhance user convenience and security, fostering a seamless experience in a digital world.

Building Strategic Partnerships

IDEX Biometrics ASA aims to transform the biometric landscape through strategic alliances with leading card manufacturers and technology firms. This collaboration allows them to integrate cutting-edge biometric solutions into existing payment and authentication systems, driving widespread adoption and trust in biometric technology.

Looking to the Future

The recent insider trading activities indicate strong internal confidence and commitment among IDEX Biometrics ASA's leadership. With substantial investments in their own company’s shares, Opstad and Eklof illustrate a solid conviction in the strategic direction and growth trajectory of IDEX Biometrics ASA. Such active involvement from executives not only reinforces stakeholder confidence but also highlights their dedication to the company's success in an ever-evolving technological landscape.

Contact Information for Investors

For those interested in further details or inquiries, please reach out to Marianne Bøe, the Head of Investor Relations, or Kristian Flaten, the CFO. They are available via email at ir@idexbiometrics.com or by phone at +47 67 83 91 19.

Frequently Asked Questions

What is IDEX Biometrics ASA?

IDEX Biometrics ASA is a leading company specializing in fingerprint biometrics, focusing on secure authentication solutions across various platforms.

Who are the key insiders involved in recent transactions?

The key insiders involved are Morten Opstad, the Chair, and Catharina Eklof, the CEO, both of whom purchased significant shares.

What are the prices of the shares subscribed by the insiders?

Both Morten Opstad and Catharina Eklof subscribed to shares at NOK 0.15 each.

How many shares does Morten Opstad currently hold?

After his recent subscription, Morten Opstad now holds a total of 2,479,786 shares in IDEX Biometrics ASA.

Where can I find more information about IDEX Biometrics ASA?

For more details, visit the official website of IDEX Biometrics or contact their investor relations department.

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