Grant of incentive subscription rights in IDEX

The board of directors of IDEX ASA resolved on 9 May 2018 to issue 12,950,000 incentive subscription rights to employees and individual contractors in the IDEX group.

The grant was made under the company`s 2018 incentive subscription rights plan as resolved at the annual general meeting on 9 May 2018. The exercise price of the subscription rights is NOK 4.28 per share.

25 per cent of the subscription rights vest per year and the subscription rights expire on 9 May 2023. Following the grant there will be 42,801,250 subscription rights outstanding.

Contact:
Charlotte Knudsen, Director of IR and Communications, +47 9756 1959, ck@idexbiometrics.com

About IDEX
IDEX is a leading developer of advanced off-chip fingerprint sensors and complete system solutions to a range of biometrically-enabled applications, including smart cards, Internet of Things (IoT) and mobile. The company`s technology is based on a fundamentally unique architecture that delivers form factor flexibility and superior cost-performance characteristics. IDEX`s total addressable market represents a fast-growing multi-billion unit opportunity.

IDEX ASA is traded on the Oslo stock exchange under the ticker IDEX.

For more information please visit www.idexbiometrics.com and follow us on Twitter @IDEXASA This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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Source: IDEX ASA via GlobeNewswire
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