NEXT Biometrics Group ASA — Director's Dealing 2017

Nov 23, 2017

Mandatory Notification of Trade

Mandatory Notification of Trade

Oslo, 22 November 2017. Eurostores AS, a company wholly owned by NEXT Biometrics Group ASA's ("NEXT") Chairman of the Board, Tore Etholm-Idsøe, has today exercised an option granted in 2008 from Ecomnex Holding AS, a company wholly owned by the company founder Ngoc Minh Dinh to purchase 70,000 shares at a price of NOK 5 per share, i.e. NOK 350,000 in total.

Following the transaction, Eurostores AS expands their holdings to 398,664 shares. Additionally Tore Etholm-Idsøe holds 139,794 shares (i.e. 538,458 in total) in NEXT. Further, Tore Etholm Idsøe and Eurostores AS hold 32,500 and 245,500 unconditional share options, respectively, and Tore Etholm-Idsøe holds 25,000 conditional share options, each giving the right to acquire one NEXT share. In addition, Eurostores AS has a right and obligation to purchase 60,000 NEXT shares under a forward contract. After the above transaction Tore Etholm-Idsøe and Eurostores AS controls a total of 901 458 registered shares, options and forward contract shares.