NEXT Biometrics Group ASA — Share Issue/Capital Change 2016

Jul 26, 2016

NEXT Biometrics Group ASA - Final results of the subsequent offering - 5.8 times oversubscribed

NEXT Biometrics Group ASA - Final results of the subsequent offering - 5.8 times oversubscribed

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE

UNITED STATES, CANADA, AUSTRALIA, THE HONG KONG SPECIAL ADMINISTRATIVE

REGION OF THE PEOPLE'S REPUBLIC OF CHINA, SOUTH AFRICA OR JAPAN OR ANY

OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE

UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT

NOTICE AT THE END OF THE PRESS RELEASE.

Reference is made to the stock exchange announcements from NEXT Biometrics Group

ASA ("NEXT" or the "Company") dated 4 July 2016 and 25 July 2016 regarding the

subsequent offering and listing of up to 200,000 new shares, each with a nominal value

of NOK 1.00 (the "Offer Shares") at a subscription price of NOK 133 per Offer Share (the

"Subscription Price") to be carried out by NEXT (the "Subsequent Offering").

The subscription period in the Subsequent Offering expired on 25 July 2016 at 16:30

CET. By the end of the subscription period, the Company had received 1,165,226 valid

subscriptions. A total of 21,769 Offer Shares will be allocated based on subscription

rights and a total of 178,231 Offer Shares will be allocated based on over-subscription in

accordance with section 5.5.11 in the prospectus of the Company dated 1 July 2016.

Allocation of Offer Shares based on the over-subscription is done on a pro rata basis

based on the number of subscription rights which has been exercised by each eligible

shareholder. No allocation has been made to subscribers without subscription rights.

Notifications of allocated Offer Shares in the Subsequent Offering and the

corresponding amount to be paid by each subscriber will be sent out in a separate letter

to each subscriber which is expected to be sent today.

The share capital increase relating to the Subsequent Offering is expected to be

registered with the Norwegian Register of Business Enterprises on or about 29 August

2016 and the shares will be delivered to the VPS accounts of the subscribers to whom

they are allocated on or about the same day.

Carnegie AS and DNB Markets, a part of DNB Bank ASA, are acting as Managers in the

Subsequent Offering. Advokatfirmaet Thommessen AS is acting as legal advisor to the

Company.

This information is subject to the disclosure requirements pursuant to section 5-12 of

the Norwegian Securities Trading Act.

Investor relations and media contacts

Knut Stålen, CFO, NEXT Biometrics Group ASA +47 920 43 458

Tore Etholm-Idsøe, CEO, NEXT Biometrics Group ASA, +47 922 32 439

About NEXT Biometrics Group ASA

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.

IMPORTANT INFORMATION

This announcement may not be published, distributed or transmitted in the United

States, Canada, Australia, the Hong Kong Special Administrative Region of the People's

Republic of China. These materials do not constitute an offer of securities for sale or a

solicitation of an offer to purchase securities of the Company in the United States,

Norway or any other jurisdiction . The securities of the Company may not be offered or

sold in the United States absent registration or an exemption from registration under the

U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). The securities of

the Company have not been, and will not be, registered under the U.S. Securities Act.

Any sale in the United States of the securities mentioned in this communication will be

made solely to "qualified institutional buyers" as defined in Rule 144A under the U.S.

Securities Act and to major U.S. institutional investors under SEC Rule 15a-6 to the

United States Exchange Act of 1934. No public offering of the securities will be made in

the United States.

Any offering of securities will be made by means of a prospectus to be published that

may be obtained from the issuer or selling security holder, once published, and that will

contain detailed information about the Company and its management, as well as

financial statements.

These materials are an advertisement and not a prospectus for the purposes of

Directive 2003/71/EC, as amended (together with any applicable implementing

measures in any Member State, the "Prospectus Directive"). Investors should not

subscribe for any securities referred to in these materials except on the basis of

information contained in the prospectus.

In any EEA Member State other than Norway (from the time the prospectus has been

approved by the Financial Supervisory Authority of Norway, in its capacity as the

competent authority in Norway, and published in accordance with the Prospectus

Directive as implemented in Norway) that has implemented the Prospectus Directive,

this communication is only addressed to and is only directed at "qualified investors" in

that Member State within the meaning of Article 2(1)(e) of the Prospectus Directive

("Qualified Investors"), i.e., only to investors to whom an offer of securities may be

made without the requirement for the Company to publish a prospectus pursuant to

Article 3 of the Prospectus Directive in such EEA Member State.

In the United Kingdom, this communication is only addressed to and is only directed at

Qualified Investors who (i) are investment professionals falling within Article 19(5) of the

Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as

amended) (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the

Order (high net worth companies, unincorporated associations, etc.) (all such persons

together being referred to as "Relevant Persons"). These materials are directed only at

Relevant Persons and must not be acted on or relied on by persons who are not

Relevant Persons. Any investment or investment activity to which this document relates

is available only to Relevant Persons and will be engaged in only with Relevant Persons.

Persons distributing this communication must satisfy themselves that it is lawful to do

so.

Matters discussed in this announcement may constitute forward-looking statements.

Forward-looking statements are statements that are not historical facts and may be

identified by words such as "anticipate", "believe", "continue", "estimate", "expect",

"intends", "may", "should", "will" and similar expressions. The forward-looking

statements in this release are based upon various assumptions, many of which are

based, in turn, upon further assumptions. Although the Company believes that these

assumptions were reasonable when made, these assumptions are inherently subject to

significant known and unknown risks, uncertainties, contingencies and other important

factors, which are difficult or impossible to predict, and are beyond its control. Such

risks, uncertainties, contingencies and other important factors could cause actual

events to differ materially from the expectations expressed or implied in this release by

such forward-looking statements.

The information, opinions and forward-looking statements contained in this

announcement speak only as at its date, and are subject to change without notice.

The distribution of this announcement and other information may be restricted by law in

certain jurisdictions.