IDEX Biometrics Registers Capital Increase and Share Placement
IDEX Biometrics Registers Capital Increase
IDEX Biometrics announced a significant private placement of shares, specifically a total of 16.2 million shares at a value of NOK 0.60 each. This move highlights the company's commitment to enhancing its financial structure and expanding its market presence within the biometric solutions sector.
Details of the Capital Registration
The share capital of IDEX Biometrics has been duly registered. Following this registration, the total share capital stands at NOK 49,443,983.25, divided into 329,626,555 shares. Each share has a nominal value of NOK 0.15.
Currently, there are 326,722,294 shares available for trading, while an additional 2,904,261 shares have been issued under a separate ISIN. These particular shares will become tradeable pending the approval of a necessary listing prospectus.
Investor Relations Contact Information
For inquiries regarding this capital increase or other investor relations matters, stakeholders may contact Marianne Bøe, the Investor Relations representative at IDEX Biometrics. She can be reached via email at marianne.boe@idexbiometrics.com or by telephone at +47 918 00186.
About IDEX Biometrics ASA
IDEX Biometrics ASA (OSE: IDEX) is recognized as a global technology leader specializing in fingerprint biometrics. The company focuses on providing innovative authentication solutions that serve various applications, including payment processing, access control, and digital identity verification.
The company’s offerings enhance user experiences by delivering convenience and security through advanced biometric technology. IDEX Biometrics leverages patented sensor technologies, integrated circuit designs, and proprietary software to revolutionize payment and authentication methods, particularly through card-based applications.
Working alongside leading card manufacturers and tech firms, IDEX Biometrics is paving the way for the adoption of its solutions in the marketplace.
About This Notice
This announcement has been disseminated by Erling Svela, the Vice President of Finance at IDEX Biometrics, and was made in compliance with the regulations set forth in the Norwegian Securities Trading Act (STA).
Frequently Asked Questions
What is the significance of the share capital increase for IDEX Biometrics?
The share capital increase reflects IDEX Biometrics' efforts to bolster its financial position and fund strategic growth initiatives, enhancing its competitive edge in the biometrics market.
How many shares are currently available for trading?
Of the total share capital, 326,722,294 shares are currently available for trading, with additional shares pending trade approval.
Who can investors contact for more information about the capital increase?
Investors can reach out to Marianne Bøe, Investor Relations at IDEX Biometrics, for further details regarding the capital increase.
What technologies does IDEX Biometrics use in its products?
IDEX Biometrics utilizes patented sensor technologies and integrated circuit designs to provide cutting-edge solutions in the fields of payment processing and digital identity authentication.
What is IDEX Biometrics' commitment to security and user experience?
IDEX Biometrics is dedicated to enhancing security and user experiences by creating seamless and secure biometric authentication solutions for various applications.
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