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IDEX Biometrics ASA Share Issue/Capital Change 2014

Jan 3, 2014

3633_rns_2014-01-03_3a59156d-4208-49d1-90c9-da4389159873.html

Share Issue/Capital Change

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Invesco funds invest NOK 300 million (circa USD 49 million) in IDEX ASA

Invesco funds invest NOK 300 million (circa USD 49 million) in IDEX ASA

* Funds managed by Invesco Asset Management Limited, a leading global

investor, agree to acquire 60 million new shares in IDEX ASA, at a price of

NOK 5.00 per share.

* Funds managed by Invesco Asset Management Limited to acquire a holding of

14.8% of IDEX through a new issue of ordinary shares.

* The funds will also receive 30 million warrants in IDEX, each at an exercise

price of NOK 7.50.

"We are pleased to secure this significant funding from funds managed by

Invesco, which is a landmark in the accelerating development of IDEX as a global

leader in the fingerprint sensor mass market. The level of commitment from

Invesco is a recognition of the immense opportunity for IDEX's SmartFinger

technology," said Hemant Mardia, CEO of IDEX.

"IDEX aims to exploit its leading technology and patent position in the fast

growing market for secure biometrics across a diverse range of consumer devices.

The new funds will be utilized to ramp-up the introduction and deployment of our

compelling product roadmap for swipe and touch fingerprint sensors and

strengthen our competitive position to secure commercial partnerships with

global industry leaders during 2014," he added.

Funds managed by Invesco Asset Management Limited have agreed to acquire

60,000,000 new shares in IDEX at a subscription price of NOK 5.00 per share,

totaling NOK 300 million. The pricing of the shares is based on the weighted

average price on the 10 trading days to 20 December 2013, when the investment

terms were substantially agreed. Following the share issue, Invesco will hold

14.8% of the shares in the company.

Upon subscription in the offering, the funds managed by Invesco will also

receive 30,000,000 warrants, each at an exercise price of NOK 7.50. The warrants

are open to be exercised 12 months after the date of their issue and will expire

24 months after issue.

The issuance of shares and warrants are subject to the approval of an

extraordinary general meeting of shareholders in IDEX. The meeting will be

called for as soon as practical and will take place on or about 27 January

2014. A listing prospectus will be prepared in connection with the placement.

3 January 2014

IDEX ASA

Web: www.idex.no

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

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

Press contact

Hemant Mardia, CEO,  +44 7788 922 171, hm(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]

--o--

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1752561]