AI assistant
IDEX Biometrics ASA — Remuneration Information 2017
Nov 2, 2017
3633_rns_2017-11-02_6b1701cb-057c-45a9-bac5-53a016581b8b.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 1 November 2017 to issue
1,275,000 incentive subscription rights to new employees or individual
contractors in the IDEX group. The grant was made under the company's 2017
incentive subscription rights plan as resolved at the annual general meeting on
12 May 2017. The exercise price of the subscription rights is NOK 5.04 per
share.
25 per cent of the subscription rights vest per year. The subscription rights
expire on 12 May 2022. Following the grant there will be 26,160,000 subscription
rights outstanding.
Contact:
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, [email protected]
Twitter: http://www.twitter.com/idexasa
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.
This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.