The board of directors of IDEX Biometrics ASA resolved on 11 August 2023 to
issue 18,566,450 incentive subscription rights to 84 new and continuing
employees and individual contractors 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 0.68 per share for 11,166,450 SRs, which SRs vest by
25% per year over four years, and NOK 0.15 per share for 7,400,000 SRs, which
SRs vest by 50% per year over two years. The SRs expire on 23 May 2028.
Following the grants there are 101,509,226 subscription rights outstanding in
IDEX Biometrics.
Primary insiders
IDEX discloses transactions by the following primary insiders, who were granted
incentive subscription rights (SRs) to IDEX shares ISIN NO0003070609:
- CEO Vince Graziani was granted 2,500,000 SRs at NOK 0.68 per share
- CTO Anthony Eaton was granted *630,900 SRs at NOK 0.68 per share
- CCO Catharina Eklof was granted *630,900 SRs at NOK 0.68 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. For
more information, visit www.idexbiometrics.com.
About this notice
This correction was published by Erling Svela, Vice president of finance, on 11
August 2023 at 21:45 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.