NEXT Biometrics Group ASA - Share Issue/Capital Change 2017

NEXT Biometrics Group ASA - Exercise of options

Reference is made to the annual general meeting held 15 June 2016 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 56,500 share options have been

exercised at an average strike price of NOK 36.73 per share. Consequently, the board of

directors has resolved to increase the share capital by issuance of 56,500 new shares in the

Company.

The new share capital in the Company will accordingly be NOK 16,382,480. The share capital

increase will be registered in the Norwegian Register of Business Enterprises (NW:

Foretaksregisteret) as soon as practically possible.

After this option exercise, the total number of unconditional options outstanding is 1,052,311

and total number of conditional options is 300,000.

About NEXT Biometrics

Enabled by the Active Thermal Principle, NEXT offers rigid and flexible, high performance, low

cost fingerprint sensors. The Company is uniquely positioned in markets demanding high

performance for close to 100% its targeted populations. The Company's competitive

advantages are maximized in a range of product formats including SmartCards, Key-fobs,

Remote Controls, Door systems and high end Notebook and Tablets. 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