Grant of Incentive Subscription Rights in IDEX Biometrics 15 May 2024
May 15 2024 - 5:44PM
UK Regulatory
Grant of Incentive Subscription Rights in IDEX Biometrics 15 May
2024
The board of directors of IDEX Biometrics ASA resolved on 15 May
2024 to issue 40,900 incentive subscription rights to a new
individual contractor in the IDEX Biometrics group. The grant was
made under the company's 2023 incentive subscription rights plan as
resolved at the annual general meeting on 23 May 2023. The exercise
price of the subscription rights is NOK 1.80 per share and the SRs
vest by 25% per year over four years. The SRs expire on 23 May
2028. Following the grant there are 17,514,625 subscription rights
outstanding in IDEX Biometrics.
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.
For more information, visit www.idexbiometrics.com
About this notice
This notice was published by Erling Svela, Vice president of
finance, on 15 May 2024 at 23:45 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 in accordance with
section 5‑12 of the STA.
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