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Convertible loan term payment settled in shares – 29 Aug 2024

By Globe Newswire Published on August 30, 2024, 01:25 IST

Reference is made to IDEX Biometrics ASA’s notice on 28 December 2023 about issuance of a convertible bond. Under the terms of the loan, IDEX Biometrics may elect to settle any amortization and/or interest payments on the loan, in cash or shares. The prospectus published earlier today enables the company to issue the full theoretical maximum number of shares needed to repay the loan.

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