NEXT Biometrics Group ASA (OSE: NEXT) (the "Company"), has been notified that primary insider Eirik Underthun (CFO), has exercised a total of 200,000 options at a strike price of NOK 2.49 and thereby subscribed for 200,000 new shares in the Company.
Following the exercise, a third party was instructed to sell the shares in the market and reinvest 100% of the estimated net proceeds after tax in NEXT shares.
Following completion of the transactions, Eirik Underthun holds 119,000 shares and 1,450,000 options in NEXT Biometrics Group ASA.
Please see the attached forms for further details about the transactions.
This information is subject to the disclosure requirements pursuant to article 19 of the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.
NEXT Investor contact:
Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.com
Eirik Underthun (CFO), eirik.underthun@nextbiometrics.com
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the payment and fintech, government ID, access control and office and notebook markets. The company’s patented NEXT Active Thermal ® principle allows the development of large, high-quality fingerprint sensors with superior security level. NEXT Biometrics Group ASA is headquartered in Oslo, with sales, support, and development operations in Seattle, Taipei, Tokyo, New Delhi and Shanghai.