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NEXT Biometrics Group ASA — Director's Dealing 2018
Oct 9, 2018
3671_dirs_2018-10-09_664f5a2a-afd7-4009-a45f-d04682f7bdf7.html
Director's Dealing
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Mandatory notification of trade
Mandatory notification of trade
Eurostores AS, a company wholly owned by NEXT Biometrics Group ASA Board Member Tore Etholm-Idsøe, has entered into a forward contract with Den norske Bank (DnB), whereby Eurostores AS on October 9th 2018 sells 80 000 shares in NEXT to DnB at a share price of NOK 50,-. Simultaneously Eurostores AS has agreed to buy the same amount of shares at NOK 50,64 on March 4th 2019. The proceeds of the transaction will primarily be used to cover debts and related taxes. The Eurostores ownership in NEXT will after these transactions remain unchanged.
Following the transaction Tore Etholm-Idsøe and Eurostores AS controls a total of 896,458 registered shares, options and forward contract shares.
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company's patented NEXTActive Thermal principle allows the development of large, high qualityfingerprint sensors in both rigid and flexible formats. NEXT Biometrics GroupASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Silicon Valley, Taipei, Prague and Shanghai.
For additional information, please contact:
Investor Relations:
Ritu Favre (CEO), [email protected]
Knut Stålen (CFO), [email protected]
Media:
Tom Beermann, [email protected]