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NEXT Biometrics Group ASA — Director's Dealing 2018
Sep 4, 2018
3671_dirs_2018-09-04_1e72d258-21ad-4cc2-b8ad-53205d1b96f2.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's ("NEXT") Boardmember Tore Etholm-Idsøe has today extended its previously announced forward contract with DNB Bank ASA, published originally 27 January 2016, and renewed in August 2016, March 2017, August 2017 and March 2018 with 6 months. Eurostores AS has extended the March 2018 contract at a share price of NOK 114.05 and will buy the same 60,000 shares at NOK 115.86 on 4 March 2019.
Furthermore, Eurostores AS has also exercised a total of 132,240 share options granted in 2009/2010, with expiry date 31/12-2018, at a strike price of NOK 1.00 per share option.
Prior to the above transactions, Eurostores AS holds 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 after the above exercise of 132,240 options hold additional 165,760 options, each giving the right to acquire one NEXT share. 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]