IDEX Biometrics ASA: Last day of the subscription period in the subsequent offering

GlobeNewswire
2024-11-29

Reference is made to the stock exchange notices from IDEX Biometrics ASA on 13 November 2024 and 26 November 2024 regarding the subscription period (the “Subscription Period”), in the subsequent offering (the “Subsequent Offering”) consisting of up to 140 million new shares at a subscription price of NOK 0.15 per share.

Shareholders participating in this offering will also receive warrants to subscribe for additional shares at the same price (NOK 0.15 per share).

The Subscription Period will end today, 29 November 2024, at 16:30 CET.

This Subsequent Offering is conducted to give the investors not participating in the private placement on 16 September 2024 equal opportunities as those investors participating then.

Completed subscription forms must be received by Arctic Securities AS, or, in the case of online subscriptions, be registered by the expiry of the Subscription Period. Subscription rights that are not used to subscribe for Subsequent Offer Shares in the Subsequent Offering before the expiry of the Subscription Period will have no value and will lapse without compensation to the holder.

Further information about the Subsequent Offering and the subscription procedures is included in the prospectus prepared in respect of the Subsequent Offering, which is available at

 www.arctic.com/offerings/ecm/2024/idex-biometrics-asa-subsequent-offering

For further information contact:

Marianne Bøe, Head of Investor Relations

Kristian Flaten, CFO

E-mail: ir@idexbiometrics.com
Tel: + 47 67 83 91 19

About IDEX Biometrics:

IDEX Biometrics ASA (OSE: IDEX) is a global technology leader in fingerprint biometrics, offering authentication solutions across payments, access control, and digital identity. Our solutions bring convenience, security, peace of mind and seamless user experiences to the world. Built on patented and proprietary sensor technologies, integrated circuit designs, and software, our biometric solutions target card-based applications for payments and digital authentication. As an industry-enabler we partner with leading card manufacturers and technology companies to bring our solutions to market.

For more information, visit www.idexbiometrics.com

About this notice:

This notice was issued by Kristian Flaten, CFO, on 29 November 2024 at 12:00 CET on behalf of IDEX Biometrics ASA.

The information shall be disclosed according to section 5-8 of the Norwegian Securities Trading Act (STA) and released in accordance with section 5-12 of the STA.


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