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IDEX Biometrics ASA — Share Issue/Capital Change 2014
Jun 18, 2014
3633_rns_2014-06-18_8b41a983-99a5-4ccd-afe4-2641efb8af26.html
Share Issue/Capital Change
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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 has resolved to grant 580,000 incentive
subscription rights ("SRs") to new employees in the company. The grant was made
under the company's 2014 incentive subscription rights plan as resolved at the
annual general meeting on 7 May 2014. The exercise price of the SRs is NOK 5.83
per share. 25 % of the SRs vest on each anniversary from the date of the grant.
The SRs expire on 7 May 2019.
Following the grant there are 25,950,362 incentive subscription rights
outstanding. The company's share capital remains unchanged, at NOK
61,867,141.80 divided into 412,447,612 registered shares each with a nominal
value of NOK 0.15.
The board has resolved to amend the vesting and expiration terms of 3,000,000
incentive subscription rights which were granted on 30 August 2012. The
subscription rights originally vested 2012-2014 and were to expire on 30 August
2014. The board resolved that the expiry date shall be deferred until 15 May
2017, and that the vesting shall be 25% at each anniversary from the original
grant date. The number of subscription rights did not change by this resolution.
18 June 2014
IDEX ASA
Web: www.idex.no
Twitter: http://www.twitter.com/idexasa
LinkedIn: http://www.linkedin.com/company/idex-asa
Contact:
Erling Svela, acting CFO, +47 4062 1040, erling.svela(at)idex.no
About IDEX
IDEX ASA specialises in fingerprint imaging and recognition technology. IDEX's
vision is to ensure individuals a safe, secure, and user-friendly use of
personal ID. IDEX has developed the award-winning SmartFinger technology
platform based on the company's core intellectual property, including the
patented fingerprint imaging principle, sensing scheme and chip design. Combined
with core software solutions for imaging and authentication, the SmartFinger
technology enables on-device enrollment, template storage and verification
within the very same module. SmartFinger solutions can be seamlessly integrated
into a variety of embedded applications such as mobile phones, one-time password
devices, Smartcards, payment and ID cards, payment terminals, access control
devices and biometric security and login tokens.
IDEX ASA (ticker IDEX) is a Norwegian public company listed at the Oslo Axess
marketplace on 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 of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1794772]