Oslo ,7 May 2024 : Option holders underNEXT Biometrics Group ASA's (the "Company", OSE ticker: NEXT) share option programs have exercised a total of 258,000 options as set out below and as per the terms and conditions of the Company's share option programs. The exercised options will be settled by issuance of new shares in the Company. Of the 258,000 options exercised, 250,000 options were exercised atNOK 2.49 per option, and 8,000 options were exercised atNOK 4.89 per option. The exercise price is equal to the volume weighted average trading price of the shares in the Company quoted at Oslo Børs the last five business days prior to the date of allocation of the respective options to the option holder. Further to the above, the board of directors of the Company has in a board meeting held today, on7 May 2024 , resolved to increase the Company's share capital withNOK 258,000 by the issuance of 258,000 new shares, each with a nominal value ofNOK 1.00 . The share issue was resolved pursuant to an authorization to increase the Company's share capital granted by the annual general meeting of shareholders on12 May 2023 for the purpose of facilitating settlement of the exercised options. The exercise period for the options commenced on30 April 2024 at 10:00 hours (CEST) and ended today, on7 May 2024 , at 10:00 hours (CEST). All of the exercised options have been granted under the Company's share option programs, as described in the Company's latest annual financial statements and report, which is based on guidelines approved by the general meeting of shareholders. Following the registration of the share capital increase with theNorwegian Register ofBusiness Enterprises (Nw. Foretaksregisteret), the new share capital of the Company will beNOK 104,701,012 , divided into 104,701,012 shares, each with a nominal value ofNOK 1.00 . The share capital increase will be registered with theNorwegian Register ofBusiness Enterprises as soon as practically possible after the share contribution has been paid in full. This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. NEXT Investor contact: Ulf Ritsvall (CEO), ulf.ritsvall@nextbiometrics.comEirik Underthun (CFO), eirik.underthun@nextbiometrics.com AboutNEXT Biometrics NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the payment and fintech, government ID, access control and office and notebook markets. The company's patented NEXT Active Thermal ® principle allows the development of large, high-quality fingerprint sensors with superior security level.NEXT Biometrics Group ASA is headquartered inOslo , with sales, support, and development operations inSeattle ,Taipei ,Tokyo ,New Delhi andShanghai .
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