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: [email protected]Tel: + 47 9180 0186
James A. Simms, Chief Financial OfficerE-mail: [email protected]Tel: +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
Source: IDEX BIOMETRICS ASA
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- LEPAS L4 EV Set to Launch: Celebrating Football's Defining Moments with Elegant Performance
- Flock LPR Helps Bibb County Deputies Locate Murder Suspect Fleeing Macon
- eGhanaVisa.com Expands Online Visa Assistance Services with Card and USDT Payment Options
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
TwitterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share