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NEXT Biometrics Group ASA — Director's Dealing 2016
May 30, 2016
3671_dirs_2016-05-30_9c1e9f15-7b5e-4880-9f22-bfa851279975.html
Director's Dealing
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MANDATORY NOTIFICATION OF TRADE
MANDATORY NOTIFICATION OF TRADE
EuroStores AS, a company wholly owned by CEO Tore Etholm-Idsøe, has today sold
95,000 shares at NOK 131.50 per share in NEXT Biometrics Group ASA (the
"Company"). This in order to buy back shares sold into a forward contract with DNB
(published January 27th 2016), exercise stock options and settle project related
accumulated debts and taxes. After the transaction, EuroStores AS will own a total of
330,664 shares in the Company. Tore Etholm-Idsøe's aggregate holding in the
Company, both directly and through Eurostores AS, will be reduced from 505,458 to
410,458 shares . In addition EuroStores AS and Mr Etholm-Idsøe holds 396,000 stock
options accumulating to a total of 806,458 shares and options.
FKKG AS, a company 80% owned by board member Ketil Fridheim, has today sold
98660 shares at NOK 131.50 per share in the Company in order to settle debts, pay
taxes and to exercise 25,000 stock options in the Company. Mr Fridheim has served as
company board member in more than 10 years. After the transaction, FKKG AS will hold
200,000 shares in the Company.
This information is subject of the disclosure requirements according to section 5-12 of
the Norwegian Securities Trading Act.
About NEXT Biometrics:
Enabled by its patented NEXT Active Thermal principle, NEXT Biometrics
(www.NextBiometrics.com) offers high quality area fingerprint sensors at a fraction of
the prices of comparable competitors. A wide range of product formats including Smart
Cards, Smartphones, Tablets, PC's, Doors, Time registration systems, Wearables,
Payment terminals, Flashdrives, USB-tokens, Key fobs and many more are targeted.
NEXT BIOMETRICS GROUP ASA is a publicly listed company headquartered in Oslo,
Norway and with sales, support and development subsidiaries in Seattle, Silicon Valley,
Taipei, Prague and Shanghai. Media and Investor contacts for NEXT Biometrics: Tore
Etholm-Idsøe, CEO, [email protected] and Knut Stalen, CFO,