Grant of Incentive Subscription Rights in IDEX Biometrics 14 July 2024

Written by Customer Service on . Posted in Public Companies.

The board of directors of IDEX Biometrics ASA has resolved to issue 13,207,430 incentive subscription rights to 56 employees and individual contractors in the IDEX Biometrics group. The grant was made under the company’s 2024 incentive subscription rights plan as resolved at the annual general meeting on 16 May 2024. The exercise price of the subscription rights is NOK 1.45 per share. The SRs vest by 1/3 per year over three years. The SRs expire on 16 May 2029. Following the company’s recent restructuring it is the intention of the board to retain and incentivize continuing employees of the company.    

Following the grants there are 27,145,055 incentive 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 NO0013107490:
–   CEO Vince Graziani was granted 1,500,000 SRs at NOK 1.45 per share
–   CTO Anthony Eaton was granted 3,000,000 SRs at NOK 1.45 per share
–   CCO Catharina Eklof was granted 3,000,000 SRs at NOK 1.45 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 notice was issued by Erling Svela, Vice president of finance, on 14 July 2024 at 23:45 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 published in accordance with section 5‑12 of the STA.

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