Mandatory notification of trades in IDEX
On 9 May 2018, the following primary insiders of IDEX ASA were granted subscription rights under the company`s 2018 incentive subscription rights plan:
CFO Henrik Knudtzon was granted 1,500,000 subscription rights. Following the grant, Mr Knudtzon holds or controls 50,000 shares and 3,790,000 subscription rights in IDEX.
CTO Fred Benkley was granted 1,500,000 subscription rights. Following the grant, Mr Benkley hold or controls 50,000 shares and 3,100,000 subscription rights in IDEX.
Anthony Eaton, VP Systems Engineering, was granted 750,000 subscription rights. Following the grant, Mr Eaton holds or controls 0 (nil) shares and 1,125,000 subscription rights in IDEX.
Brian Roberts, VP Business Development and Product Management, was granted 351,900 subscription rights. Following the grant, Mr Roberts holds or controls 0 (nil) shares and 1,001,900 subscription rights in IDEX.
Chris Ludden, Vice President Silicon Engineering, was granted 372,400 subscription rights. Following the grant, Mr Ludden holds or controls 0 (nil) shares and 1,072,400 subscription rights in IDEX.
Guido Bertocci, Vice President of Software Engineering, was granted 384,500 subscription rights. Following the grant, Mr Bertocci holds or controls 0 (nil) shares and 734,500 subscription rights in IDEX.
Paul Taylor, VP Operations & Programme Management, was granted 320,400 subscription rights. Following the grant, Mr Taylor holds or controls 0 (nil) shares and 520,400 subscription rights in IDEX.
Sarah Matthews, Director of Group HR, was granted 116,200 subscription rights. Following the grant, Mrs Matthews holds or controls 0 (nil) shares and 191,200 subscription rights in IDEX.
Erling Svela, VP Finance and Accounting, was granted 349,300 subscription rights. Following the grant, Mr Svela holds or controls 230,167 shares and 439,300 subscription rights in IDEX.
The exercise price of the subscription rights is NOK 4.28 per share. 25 per cent of the subscription rights vest per year from the date of the grant. The subscription rights expire on 9 May 2023. 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 on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: IDEX ASA via GlobeNewswire
HUG#2191387
