AI assistant
IDEX Biometrics ASA — Remuneration Information 2015
Aug 12, 2015
3633_rns_2015-08-12_5f7370a1-2f8a-433b-b578-70c68b7e21cf.html
Remuneration Information
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Grant of incentive subscription rights in IDEX
Grant of incentive subscription rights in IDEX
The board of directors of IDEX ASA resolved on 11 August 2015 to issue 130,000
incentive subscription rights ("SRs") to employees in the company. The grant was
made under the company's 2015 incentive subscription rights plan as resolved at
the annual general meeting on 12 May 2015. The exercise price of the SRs is NOK
9.85 per share. 25 % of the SRs vest on each anniversary from the date of the
grant. The SRs expire on 12 May 2020. Following the grant there will be
24,700,000 incentive subscription rights outstanding.
12 August 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 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 Børs
(Oslo stock exchange). For more information, please visit www.idex.no or contact
IDEX at [email protected]
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This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1945046]