Grant of Incentive Subscription Rights in IDEX Biometrics 17 April 2024
April 17 2024 - 2:00PM
UK Regulatory
Grant of Incentive Subscription Rights in IDEX Biometrics 17 April
2024
The board of directors of IDEX Biometrics ASA resolved on 17
April 2024 to issue 550,000 incentive subscription rights to
employees in the IDEX Biometrics group. The grant was made under
the company's 2023 incentive subscription rights plan as amended at
the extraordinary general meeting on 21 December 2023. The exercise
price of the subscription rights is NOK 0.15 per share and the SRs
vest by 50% per year over two years. The SRs expire on 23 May 2028.
Following the grant there are 18,023,725 subscription rights
outstanding in IDEX Biometrics.
Primary insiders
IDEX discloses transactions by the following primary insider, who
were granted incentive subscription rights (SRs) to IDEX shares
ISIN NO0013107490:
– CEO Vince Graziani was granted 250,000 SRs at NOK
0.15 per share
– CTO Anthony Eaton was granted 150,000 SRs at NOK 0.15
per share
– CCO Catharina Eklof was granted 150,000 SRs at NOK
0.15 per share
For further information contact:
Marianne Bøe, Head of Investor Relations
E-mail: marianne.boe@idexbiometrics.com
Tel: + 47 918 00186
About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in
fingerprint biometrics, offering authentication solutions across
payments, access control, and digital identity. Our solutions bring
convenience, security, peace of mind and seamless user experiences
to the world. Built on patented and proprietary sensor
technologies, integrated circuit designs, and software, our
biometric solutions target card-based applications for payments and
digital authentication. As an industry-enabler we partner with
leading card manufacturers and technology companies to bring our
solutions to market.
About this notice
This notice was published by Erling Svela, Vice president of
finance, on 17 April 2024 at 20:00 CET on behalf of IDEX Biometrics
ASA. The information shall be disclosed according to section 5‑8 of
the Norwegian Securities Trading Act (STA) and published in
accordance with section 5‑12 of the STA.
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