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IDEX ASA: Grant of Incentive Subscription Rights in IDEX
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The board of directors of IDEX ASA resolved on 26 February 2019 to issue 873,800 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 3.88 per share. The subscription rights vest by 25% per year and expire on 9 May 2023. Following the grant there will be 38,344,850 subscription rights outstanding.
For further information contact:
Henrik Knudtzon, CFO, +47 9302 2827
Stuart Hunt, Head of Investor Relations & Communications, +44 1276 534 632
About IDEX Biometrics
IDEX Biometrics, legal name IDEX ASA (OSE: IDEX), is the leading provider of fingerprint identification technologies offering simple, secure and personal authentication for all. We help people make payments, prove their identity, gain access to information, unlock devices or gain admittance to buildings with the touch of a finger. We invent, engineer and commercialize these secure, yet incredibly user-friendly solutions. Our total addressable market represents a fast-growing multi-billion-unit opportunity.
For more information, visit www.idexbiometrics.com and follow @IDEXBiometrics
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IDEX ASA via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IDEX ASA via Globenewswire
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