Grant of Incentive Subscription Rights in IDEX Biometrics 23 February 2022
23 Febrero 2022 - 05:04PM
Grant of Incentive Subscription Rights in IDEX Biometrics 23
February 2022
The board of directors of IDEX Biometrics ASA resolved on 23
February 2022 to issue 8,350,900 incentive subscription rights to
30 new and continuing employees and individual contractors in the
IDEX Biometrics group. The grant was made under the company's 2021
incentive subscription rights plan as resolved at the annual
general meeting on 12 May 2021. The exercise price of the
subscription rights is NOK 2.08 per share. The subscription rights
vest by 25% per year over four years and expire on 12 May 2026.
Following the grants there are 80,107,297 subscription rights
outstanding in IDEX Biometrics.
Primary insiders who received grantsAnthony Eaton, CTO of IDEX
Biometrics, received on 23 February 2022 a grant of 836,900
incentive subscription rights to shares in IDEX Biometrics. The
grant was made for no consideration.
IDEX Biometrics’ shares have ISIN NO0003070609.
For further information contact:Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47
9180 0186
James A. Simms, Chief Financial OfficerE-mail:
jamie.simms@idexbiometrics.comTel: +1 978 319 5372
About IDEX BiometricsIDEX Biometrics ASA (OSE:
IDEX and Nasdaq: IDBA) is a leading provider of fingerprint
identification technologies offering simple, secure, and personal
touch-free authentication for all. We help people make
payments, prove their identity, gain access to information, unlock
devices, or gain admittance to buildings with the touch of a
finger. We invent, engineer, and commercialize these secure, yet
incredibly user-friendly solutions. Our total addressable
market represents a fast growing multi-billion-unit
opportunity.
For more information, visit www.idexbiometrics.com and follow on
Twitter @IDEXBiometrics
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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