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- IDEX Biometrics ASA: Listing of Warrants - 12 Dec 2024
IDEX Biometrics ASA: Listing of Warrants - 12 Dec 2024
12 Dec 2024 07:30 CET
Issuer
IDEX Biometrics ASA
Reference is made to the private placement (the "Private Placement") completed
in IDEX Biometrics ASA (the "Company") on 17 September 2024, and to the
subsequent offering completed in the Company on 29 November 2024 (the
"Subsequent Offering"). The subscribers in the Private Placement and the
Subsequent Offering were allocated two warrants, Warrants A and Warrants B
(collectively, the "Warrants"), respectively, issued by the Company for every
two Offer Shares allocated to, and paid by, them in the Private Placement and
the Subsequent Offering. As previously announced by the Company, the Company
shall use reasonable efforts to seek to ensure that the Warrants are admitted to
trading on Euronext Oslo Børs.
The Warrants will be admitted to trading on Euronext Oslo Børs on 12 December
2024.
The Warrants have already been allocated to the subscribers of the Private
Placement and the Subsequent Offering and will be tradable. Warrants A will be
tradable from 12 December 2024 until 7 March 2025. Warrants B will be tradable
from 12 December 2024 until 7 April 2025.
Warrants A may only be exercised within the first 14 days following the
Company's announcement of its Q4 2024 financial report (announcement expected on
27 February 2025, and the expected exercise period is between 28 February 2025
and 13 March 2025), and all Warrants A not exercised within such period will
lapse without compensation to the holder. Warrants B may only be exercised from
31 March 2025 to 11 April 2025, and all Warrants B not exercised within such
period will lapse without compensation to the holder.
Each Warrant will give the holder a right to subscribe for one new share in the
Company at a subscription price of NOK 0.15. The Warrants are expected to have
an economic value.
For more information relating to the Warrants, please refer to the Prospectus
approved and published by the Company on 13 November 2024.
For further information contact:
Marianne Bøe, Head of Investor Relations
Kristian Flaten, CFO
E-mail: ir@idexbiometrics.com
Tel: +47 6783 9119
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
(http://www.idexbiometrics.com)
About this notice:
This notice was issued by Marianne Bøe, Head of Investor Relations, on 12
December 2024 at 07:30 CET on behalf of IDEX Biometrics ASA. This information is
subject to the disclosure requirements pursuant to the Norwegian Securities
Trading Act section 5-12.
More information:
Access the news on Oslo Bors NewsWeb site
Source
IDEX Biometrics ASA
Provider
Oslo Børs Newspoint
Company Name
IDEX BIOMETRICS
ISIN
NO0013107490
Symbol
IDEX
Market
Oslo Børs