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Grant of Incentive Subscription Rights in IDEX Biometrics 14 July 2024
14 Jul 2024 23:49 CEST
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.
More information:
Access the news on Oslo Bors NewsWeb site
Source
IDEX Biometrics ASA
Provider
Oslo Børs Newspoint
Company Name
IDEX BIOMETRICS
ISIN
NO0013107490, NO0013536078
Symbol
IDEX
Market
Euronext Oslo Børs