Grant of Incentive Subscription Rights in IDEX Biometrics 11 August 2022
11 Agosto 2023 - 12:30PM
Grant of Incentive Subscription Rights in IDEX Biometrics 11 August
2022
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 insidersIDEX 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 210,300 SRs at NOK 0.68 per share- CCO
Catharina Eklof was granted 210,300 SRs at NOK 0.68 per share
For further information contact:Marianne Bøe,
Head of Investor RelationsE-mail:
marianne.boe@idexbiometrics.comTel: + 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 11 August
2023 at 19:30 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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