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IDEX Biometrics ASA — Director's Dealing 2015
Feb 25, 2015
3633_dirs_2015-02-25_abaa7939-4d03-49e9-bbe1-c7aa701b89c5.html
Director's Dealing
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Mandatory notice of trade in IDEX
Mandatory notice of trade in IDEX
IDEX ASA issues this notice on behalf of primary insiders of the company who
conducted transactions on 24 February 2015.
CTO Ralph W. Bernstein exercised 1,000,000 incentive subscription rights and
acquired the corresponding number of shares at a weighted average price of NOK
1.16 per share. To fund the exercise and tax amounts, Dr. Bernstein has sold
684,200 shares at a price of NOK 4.86 per share. After these transactions, Dr.
Bernstein holds 997,599 shares and 1,000,000 incentive subscription rights in
IDEX.
Board member Hanne Høvding exercised 26,532 subscription rights granted as board
remuneration in 2010 and acquired the corresponding number of shares at a price
of NOK 1.20 per share. After this transaction, Ms. Høvding will hold 268,006
shares and 0 (nil) rights to shares in IDEX.
Vice President of Finance Erling Svela exercised 640,000 incentive subscription
rights and acquired the corresponding number of shares at a price of NOK 1.96
per share. To fund the exercise and tax amounts, Mr. Svela sold 463,500 shares
at a price of NOK 4.86 per share. After these transactions, Mr. Svela holds
203,167 shares and 0 (nil) rights to shares in IDEX.
25 February 2014
IDEX ASA
Web: www.idex.no
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa
Contacts:
Hemant Mardia, CEO, +44 7788 922 171, hm(at)idex.no
Henrik Knudtzon, CFO, +47 9302 2827, 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#1897002]