NEXT Biometrics Group ASA — Director's Dealing 2018

Mar 2, 2018

Mandatory Notification of Trade

Mandatory Notification of Trade

Eurostores AS, a company wholly owned by NEXT Biometrics Group ASA's ("NEXT") Chairman of the Board Tore Etholm-Idsøe has extended its previously announced forward contract with DNB Bank ASA, published originally 27 January 2016, and renewed in August 2016, March 2017, August 2017 with 6 months.

Eurostores AS has extended the August 2017 contract at a share price of NOK 112.26 and will buy the same 60,000 shares at NOK 114.05 on 3 September 2018.

Pursuant to the announced forward contract, 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 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 the right and obligation to purchase 60,000 NEXT shares under a forward contract. Following the transaction Tore Etholm-Idsøe and Eurostores AS controls a total of 901 458 registered shares, options and forward contract shares.