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Thursday, 10 August 2017

Mandatory notification of trades in IDEX

IDEX ASA    

Published: 07:51 CEST 10-08-2017 /GlobeNewswire /Source: IDEX ASA / : IDEX /ISIN: NO0003070609

Mandatory notification of trades in IDEX

On 9 August 2017, the following primary insiders were granted subscription rights under the company's 2017 incentive subscription rights plan:

 

CEO Dr. Hemant Mardia was granted 580,000 subscription rights. Following the grant, Dr. Mardia and his close associates hold or control 2,115,625 shares and 3,830,000 subscription rights in IDEX.

 

CFO Henrik Knudtzon was granted 415,000 subscription rights. Following the grant, Mr. Knudtzon holds or controls 0 (nil) shares and 2,290,000 subscription rights in IDEX.

 

Chief Products Officer, Stan Swearingen was granted 415,000 subscription rights. Following the grant, Mr. Swearingen holds or controls 0 (nil) shares and 2,315,000 subscription rights in IDEX.

 

VP Finance & Accounting, Erling Svela was granted 90,000 subscription rights. Following the grant, Mr. Svela holds or controls 230,167 shares and 90,000 subscription rights in IDEX.

 

Charlotte Knudsen, Director of IR and Communications, was granted 75,000 subscription rights. Following the grant, Ms. Knudsen holds or controls 0 (nil) shares and 75,000 subscription rights in IDEX.

 

The exercise price of the subscription rights is NOK 7.76 per share. 25 per cent of the subscription rights vest per year from the date of the grant. The subscription rights expire on 9 August 2021.
 
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.




This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of NASDAQ OMX Corporate Solutions clients. Source: IDEX ASA, Martin Linges vei 25, Fornebu NO-1364, Norge
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