Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. NASDAQ OMX GlobeNewswire Message Board

Grant and exercise of incentive subscription right

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 301275
(Total Views: 144)
Posted On: 02/24/2017 12:15:19 PM
Avatar
Posted By: News Desk 2018
Grant and exercise of incentive subscription rights in IDEX

Grant of incentive subscription rights The board of directors of IDEX ASA resolved on 24 February 2017 to issue 2,800,000 incentive subscription rights to certain employees and individual contractors in the company. The grant was made under the company's 2016 incentive subscription rights plan as resolved at the annual general meeting on 11 May 2016. The exercise price of the subscription rights is NOK 6.59 per share. 25 % of the subscription rights vest on each anniversary from the date of the grant. The subscription rights expire on 11 May 2021.

In addition, the Board resolved to extend the duration of 500,000 subscription rights granted in 2013, from 23 September 2017 until 16 May 2018.

Exercise of incentive subscription rights The board of directors of IDEX ASA resolved on 24 February 2017 to issue 6,462,500 new shares to employees who have exercised subscription rights which were granted in 2013, 2014 and 2015 under the company's incentive subscription rights plans at the respective grant dates. The weighted average exercise price per share is NOK 1.68.

Carnegie AS has placed 4,887,500 shares in IDEX in connection with the exercise of subscription rights by employees.

Following the issue of the new shares, the company's share capital will be NOK 81,036,413.25 divided into 540,242,755 registered shares each with a nominal value of NOK 0.15. Following the grant and exercise there will be 22,500,000 subscription rights outstanding.

24 February 2017 IDEX ASA

Contact: Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idex.no

Twitter:   http://www.twitter.com/idexasa

About IDEX IDEX develops and sells advanced fingerprint sensor technology and products. The company's technology is used in a range of biometrically enabled applications within three core markets: Mobile, Smart Cards and Internet of Things (IoT). IDEX's addressable market represents a fast-growing multi-billion unit opportunity.

IDEX's technology includes both the conventional silicon sensor and a unique off-chip technology, which means that the company can offer its partners solutions which are flexible and cost efficient.

IDEX ASA (ticker IDEX) is a Norwegian company, founded in 1996 and listed on the Oslo Børs in 2010.

For more information, please visit www.idex.no

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.



(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us