NOT FOR DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG OR JAPAN, OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Oslo, 7 July 2020: Reference is made to the stock exchange announcements by NEXT Biometrics Group ASA (“NEXT” or the “Company”) on 22 June 2020 and 6 July 2020 regarding the subsequent offering of up to 10,000,000 new shares (the “Offer Shares”), each with a par value of NOK 1.00, at a subscription price of NOK 2.00 per share (the “Subsequent Offering”).
The subscription period in the Subsequent Offering expired at 16:30 hours (CEST) on 6 July 2020, and the final results show that the Company has received valid subscriptions for a total of 5,382,887 Offer Shares. Hence, 5,382,887 Offer Shares will be issued in the Subsequent Offering. A total of 2,180,733 Offer Shares will be allocated based on subscription rights and a total of 3,202,154 Offer Shares will be allocated based on over-subscription and subscription without subscription rights.
Following the issuance of the Offer Shares, the Company’s share capital will be NOK 75,944,489, divided into 75,944,489 shares, each with a par value of NOK 1.00.
Pareto Securities AS acts as manager in the Subsequent Offering. Advokatfirmaet Thommessen AS acts as legal advisor to the Company.
About NEXT Biometrics
NEXT provides advanced fingerprint sensor technology that delivers uncompromised security and accuracy for the best possible user experience in the smart card, government ID, access control and notebook markets. The company’s patented NEXT Active Thermal™ principle allows the development of large, high quality fingerprint sensors in both rigid and flexible formats. NEXT Biometrics Group ASA (www.nextbiometrics.com) is headquartered in Oslo, with sales, support and development operations in Seattle, Taipei, Bengaluru and Shanghai.
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NEXT Investor contact:
Peter Heuman, email@example.com
Eirik Underthun, firstname.lastname@example.org