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2016-05-12

IDEX ASA: Mandatory notice of trade in IDEX - board remuneration in shares

IDEX ASA issues this notice on behalf of the primary insiders below. Following
the annual general meeting of IDEX on 11 May 2016, board members Deborah
Davis, Hanne Høvding and Andy MacLeod elected to receive part or full board
remuneration in shares.

Board member Deborah Davis will acquire 48,487 shares for which she will pay a
subscription price of NOK 0.15 per share, instead of receiving a cash board
remuneration of NOK 300,000. After this transaction, Ms. Davis will hold
48,487 shares and no other rights to shares in IDEX.

Board member Hanne Høvding will acquire 48,487 shares for which she will pay a
subscription price of NOK 0.15 per share, instead of receiving a cash board
remuneration of NOK 300,000. After this transaction, Ms. Høvding will hold
366,062 shares and no other rights to shares in IDEX.

Board member Andrew James Macleod will acquire 36,365 shares for which he will
pay a subscription price of NOK 0.15 per share, instead of receiving a cash
board remuneration of NOK 225,000. Mr. MacLeod will take the remainder of the
board remuneration in cash. After this transaction, Mr. MacLeod will hold
415,457 shares and 500,000 incentive subscription rights in IDEX.

12 May 2016
IDEX ASA

Web:
www.idex.no

Twitter:
http://www.twitter.com/idexasa

LinkedIn:
http://www.linkedin.com/company/idex-asa

Contact:

Henrik Knudtzon, CFO, +47 9302 2827, hk(at)idex.no
--o--

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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

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