IDEX Biometrics insiders buy shares in placement

IDEX Biometrics issued a correction detailing insider participation in its private placement of 9.1 million shares at NOK 3.30 each.

Pinchcliffe, associated with chief executive Anders Storbråten, bought 739,360 shares. K-konsult, linked to chairman Morten Opstad, acquired 128,156 shares.

Both companies paid NOK 3.30 per share in the first tranche of the placement.