The Board of Directors of Idex Biometrics ASA has decided to issue 299,381,600 new shares at NOK 0.01 per share of employees, contractors and directors in the IDEX Group (“Personnel Planting”). The aim of the placement of staff is to encourage staff to implement the changed business plan and the commercialization of the company’s products.
According to the resolution, the placement of the staff was held by the extraordinary general meeting of Idex Biometrics ASA on 11 April 2025, where the board was authorized to issue shares on the basis of the conditions that are equivalent to the conditions in the debt conversion that was approved during the same meeting.
The shares are limited for 18 months after the date of issue and may not be sold or otherwise transferred during the restriction period. 1/3 of the shares are released after 6 months from the restriction and another 1/3 are released after 12 months. In the event that a holder resigns or is terminated from work or service, the company has the right to reduce the limited shares of the holder on certain conditions.
The board has considered the issue of staff in the light of the equal treatment obligations under the PLCA, the Norwegian Securities Trading Act, the rules for equal treatment under Oslo Rule Book II for companies mentioned on the Oslo Stock Exchange and the guidelines of the Oslo Stock Exchange with this rule of equal treatment and thinks. The board is of the opinion that it will be in the common interest of the company and its shareholders to stimulate the company’s staff through the shares of the offer, both in the short and in the long term. The number of offer shares represents approximately 6.7 % of the total number of outstanding shares in the company, and the diluting effect for the shareholders of the company is limited. The subscription price for the Offer Shares presented to the EGM as the intended issue price is NOK 0.01 and the subscription price, before taking the locking, represents a discount of 78 % on the closing price of the shares of the company on 13 June 2025, the discount on the locking spot with the locking spot with the locking period, the Discount on the Locking Days of the Locking Days. Shares, the discount on the shares of the shares, the discount on the thus 25 %. While the Discount Can Be Deemed Significant, The Company Is Of The View That The Number Of Survey Shares Issued, The Fact That The Issuance Is Made To The Personnel Only, The Egm Has Specifically Approved The Framework For This Sales Shaares Shaares Shaares Sales Shaares Schedule with Trading and Transfer RestRictions about 18 months, Including with an option for the company to repurchase the sacrifice Shares Upon Termination or resignation prior to the end of the 18 -month period, make sure that the company is in accordance with its equal treatment obligations.
After the registration of the share capital increase, the share capital of the company NOK will be 47,310.125.99, divided into 4,731,012,599 shares each with a nominal value of NOK 0.01.
Contact
Kristian Flats, CFO, tel.: +47 950 92322
E-mail: ir@idexbiometrics.com
About Idex Biometrics
Idex Biometrics ASA (IDEX) is a global technology leader in fingerprint biometry and offers authentication solutions on payments, access control and digital identity. Our solutions bring convenience, safety, peace of mind and seamless user experiences to the world. Built on patented and patented sensor technologies, integrated circuit designs and software, our biometric solutions target grounds -based applications for payments and digital authentication. As an industrial enabler we work together with leading card manufacturers and technology companies to market our solutions.
For more information, visit http://www.idexbiometrics.com
About this notification
This notification was published on 10 June 2025 at 11:50 PM CET by Erling Svela, VP of Finance, on behalf of Idex Biometrics ASA. The is announced according to section 5-8 of the Norwegian Securities Trading Act (STA) and published in accordance with section 5-12 of the Sta.
