IDEX Biometrics Shares as Board Remuneration 2020-2021
May 13 2021 - 5:08PM
The annual general meeting of IDEX Biometrics ASA on 12 May 2020
resolved that the board members could elect to receive all or part
of the board remuneration in the form of shares in IDEX. The shares
are locked up for one year from the date of the annual general
meeting. Three board members elected to take full or part of the
board remuneration in shares, and 535,583 new shares will be issued
when the share capital has been paid in.
Following the issue of the new shares to the board members, the
company’s share capital will be NOK 137,588,410.20 divided into
917,256,068 registered shares each with a nominal value of NOK
0.15.
IDEX discloses transactions by the following primary insiders in
IDEX shares ISIN NO0003070609:
Board member Lawrence John Ciaccia has subscribed for 143,458
shares to replace cash board remuneration of NOK 267,500, against
payment of NOK 0.15 per share,. Mr. Ciaccia will receive the
remainder of the board remuneration in cash.
Board member Thomas M. Quindlen, who was board observer in the
period has subscribed for 138,981 shares to replace cash board
remuneration of NOK 259,153, against payment of NOK 0.15 per share.
Mr. Quindlen will receive the remainder of the board remuneration
in cash.
Board member Stephen A. Skaggs has subscribed for 253,144 shares
to replace cash board remuneration of NOK 472,028, against payment
of NOK 0.15 per share. Mr. Skaggs will receive the remainder of the
board remuneration in cash.
For further information contact:Marianne Bøe,
Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47
918 00186
Brett L. Perry, U.S. Investor RelationsE-mail:
bperry@sheltongroup.comTel: +1 214 272 0070
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 on
Twitter @IDEXBiometrics
This information is subject to the disclosure requirements
pursuant to Section 5-12 the Norwegian Securities Trading Act
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