IDEX Biometrics – Private placement successfully placed, raising NOK 105 million (USD 10.3 million) - Seite 2

The Offer Shares will be issued as soon as practicable under the board's current authorization to issue shares as granted by the Company’s extraordinary general meeting held on 12 December 2019.

The Offer Shares will be settled with existing and unencumbered shares in the Company that are already listed on the Oslo Stock Exchange, pursuant to a share lending agreement (the “Share Lending Agreement”) between certain existing shareholders, ABG Sundal Collier ASA and the Company, in order to facilitate delivery of listed shares in the Company to applicants. The Offer Shares delivered to the applicants will thus be tradable from allocation, expected on 12 May 2020. The Manager (as defined below) will settle the share loan with new shares in the Company to be issued pursuant to a board authorisation granted by the Company's extraordinary general meeting held on 12 December 2019.

ABG Sundal Collier ASA acted as sole manager and bookrunner (the "Manager") in connection with the Private Placement.

For further information contact:
Marianne Bøe, Investor Relations
E-mail: [e-mail]   Tel: + 47 918 00186

Derek D’Antilio, Chief financial Officer
E-mail: [e-mail]   Tel: [phone]

About IDEX Biometrics
IDEX Biometrics ASA (OSE: IDEX and OTCQB: IDXAF) is a leading provider of fingerprint identification technologies offering simple, secure and personal 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 (http://www.idexbiometrics.com) and follow @IDEXBiometrics

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IMPORTANT INFORMATION
This announcement is not and does not form a part of any offer to sell, or a solicitation of an offer to purchase any securities. The distribution of this announcement and other information may be restricted by law in certain jurisdictions. Copies of this announcement are not being made and may not be distributed or sent into any jurisdiction in which such distribution would be unlawful or would require registration or other measures. Persons into whose possession this announcement or such other information should come are required to inform themselves about and to observe any such restrictions.