IDEX Biometrics: Subscription Rights Exercise – 23 May 2022

    IDEX Biometrics: Subscription Rights Exercise – 23 May 2022 

The board of directors of IDEX Biometrics ASA has resolved to issue in total 60,400 ordinary shares at average price NOK 1.68 per share to an employee who has exercised incentive subscription rights. The incentive subscription rights were issued under the company’s 2019 and 2020 incentive subscription rights plan, which plans were approved by the annual general meetings on 9 May 2019 and 15 May 2020, respectively.

The employee has paid the subscription amount to the company.

Following the issue, the company's share capital will be NOK 151,891,258.10 divided into 1,012,609,054 shares each with a nominal value of NOK 0.15. Following the exercise, there are 78,450,557 incentive subscription rights outstanding.

For further information contact:Marianne Bøe, Investor RelationsE-mail: [e-mail]: + 47 918 00186

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 @IDEXBiometrics

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act