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IDEX shares as board remuneration; Primary insider disclosure – 22 May 2025
IDEXIdeanomics(IDEX) GlobeNewswire·2025-05-22 07:03

Core Points - The annual general meeting of IDEX Biometrics ASA on May 21, 2025, allowed board members to receive remuneration in shares, with the share value set at 133% of the NOK amount of board remuneration taken in shares [1] - A board member opted to receive part of their remuneration in shares, resulting in the issuance of 5,412,932 new shares, increasing the company's share capital to NOK 38,370,439.31, divided into 3,837,043,931 registered shares [2] - Board member Annika Olsson will acquire 5,412,932 shares at a price of NOK 0.01 per share, instead of receiving NOK 265,600 in cash as board remuneration [3] Company Overview - IDEX Biometrics ASA is a global leader in fingerprint biometrics, providing authentication solutions for payments, access control, and digital identity [4] - The company's biometric solutions are built on patented technologies and target card-based applications for payments and digital authentication, partnering with leading card manufacturers and technology companies [4]