Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

IDEX Biometrics ASA Capital/Financing Update 2015

Apr 29, 2015

3633_iss_2015-04-29_a7a4c4cd-4b90-467c-a7ec-a0125b605516.html

Capital/Financing Update

Open in viewer

Opens in your device viewer

Private placement resolved at extraordinary general meeting in IDEX

Private placement resolved at extraordinary general meeting in IDEX

IDEX ASA held an extraordinary general meeting on 29 April 2015. 43.3% per cent

of the shares were represented.

All resolutions were made unanimously in accordance with the proposals by the

board.

The general meeting resolved a private placement of 52,500,000 new shares and

issue of 26,250,000 warrants in IDEX, to funds managed by Woodford Investment

Management LLP.

Following the placement, the company's share capital will be NOK 70,368,033.60

divided into 469,120,224 registered shares each with a nominal value of NOK

0.15. There will be 56,250,000 warrants and 24,884,000 incentive subscription

rights outstanding.

29 April 2015

IDEX ASA

Web: www.idex.no

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

LinkedIn: http://www.linkedin.com/company/idex-asa

Contacts

Henrik Knudtzon, CFO, +47 93 02 28 27, hk(at)idex.no

About IDEX

IDEX ASA specialises in fingerprint imaging and recognition technology. The

company has a strong patent portfolio consisting of 25 patent families including

more than 215 granted patents, as well as cross licenses with Apple. IDEX has a

highly competitive product road map including swipe sensors, touch sensors with

disruptive cost positions, and a unique in-glass solution. The company is

currently in the process of commercialising the products.

IDEX's addressable market represents a multi-billion unit opportunity, centred

on three core markets: Mobile, ID & smart cards and the Internet of Things. IDEX

has seen a substantial increase in interest from global OEMs in the last

quarters, and is positioned as of three independent players with the relevant IP

to capture market share.

IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess

market place on the Oslo Børs (Oslo stock exchange). For more information,

please visit www.idex.no or contact IDEX at [email protected]

--o--

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1916403]