NEXT Biometrics Group ASA - Share Issue/Capital Change 2016

NEXT Biometrics Group ASA - Exercise of options and registered share capital increase

Reference is made to the annual general meeting held 16 May 2014 at which the general

meeting of NEXT Biometrics Group ASA ("NEXT Biometrics" or the "Company")

authorised the board of directors to increase the share capital of the Company in

connection with the Company's share option program.

Pursuant to the Company's share option program, a total of 38,340 share options have

been exercised at an average strike price of NOK 13.87 per share. Consequently, the

board of directors has resolved to increase the share capital by issuance of 38,340 new

shares in the Company.

Following this share capital increase, the share capital of the Company is NOK

13,511,855 divided by 13,511,855 shares each with a nominal value of NOK 1. After this

option exercise, the total number of options outstanding are 1,335,936 and the

remaining amount under the board authorisation is NOK 1,162,560.

About NEXT Biometrics

Enabled by its patented Active Thermal Principle, NEXT offers high quality area

fingerprint sensors at a fraction of the prices of comparable competitors. A wide range

of product formats including Smartphones, Tablets, PCs, Doors, Time registration

systems, wearables, Payment terminals, Flash drives, USB-tokens, Key fobs and many

more are target.

NEXT Biometrics Group ASA is a publicly listed company headquartered in Oslo, Norway

and with sales, support and development subsidiaries in Seattle, Silicon Valley, Taipei,

Prague and Shanghai.

Media and Investor contacts for NEXT Biometrics:

Tore Etholm-Idsøe, CEO, [email protected] and

Knut Stalen, CFO, [email protected].

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

the Norwegian Securities Trading Act.

AI assistant