Mandatory notice of trade in IDEX
IDEX ASA ("IDEX") issues this notice on behalf of CEO/CTO Ralph W. Bernstein,
who is a primary insider in the company and Hemant Mardia, who will become a
primary insider when he soon becomes CEO of the company.
The board of directors of IDEX resolved on 6 May 2013 to grant 600,000 incentive
subscription rights ("SRs") to Mr. Bernstein under the company's 2012 incentive
subscription rights plan as resolved at the annual general meeting on 15 May
2012. Following this transaction, Mr. Bernstein holds or controls 334,638 shares
and 3,715,297 incentive subscription rights in IDEX.
The board of directors of IDEX resolved at the same instance to grant 4,000,000
incentive subscription rights ("SRs") to Mr. Mardia under the company's 2012
incentive subscription rights plan as resolved at the annual general meeting on
15 May 2012. Following this transaction, Mr. Mardia holds or controls 0 (nil)
shares and 5,000,000 incentive subscription rights in IDEX. Mr. Mardia took part
in the private placement on 22 april 2013 and was allocated 265,625 shares,
which has been proposed issued at the annual general meeting on 16. mai 2013.
The exercise price of the SRs is NOK 1.80 per share. 25 per cent of the SRs
vested at grant, while 25 per cent of SRs vest on each of the three
anniversaries from the date of the grant. The SRs expire on 15 May 2017.
7 May 2013
IDEX ASA
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
[HUG#1699815]