Grant of incentive subscription rights in IDEX Th
Post# of 301275
The board of directors of IDEX ASA resolved on 9 May 2018 to issue 12,950,000 incentive subscription rights to employees and individual contractors in the IDEX group.
The grant was made under the company's 2018 incentive subscription rights plan as resolved at the annual general meeting on 9 May 2018. The exercise price of the subscription rights is NOK 4.28 per share.
25 per cent of the subscription rights vest per year and the subscription rights expire on 9 May 2023. Following the grant there will be 42,801,250 subscription rights outstanding.
Contact:
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idexbiometrics.com
About IDEX
IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company's technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX's total addressable market represents a fast-growing multi-billion unit opportunity.
IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.
For more information please visit www.idexbiometrics.com and follow us on Twitter @IDEXASA
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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