Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of certain primary insiders.
Following the annual general meeting of Thinfilm on 7 May 2010, the chairman, Morten Opstad, and the board members Catarina Göthe, William R. Salaneck and Rolf Åberg each elected to receive a part of the board remuneration in in shares. This means that Morten Opstad will acquire 110,300 shares at a subscription price of NOK 0.11 per share in lieu of a board remuneration of NOK 80,444, and each of the three board members will acquire 59,400 shares at a subscription price of NOK 0.11 per share in lieu of a board remuneration of NOK 43,322.
Following this transaction, the board members above hold or control the following number of shares and rights to shares in Thinfilm:
Morten Opstad 583,103 shares, 399,393 Warrants and 325,000 incentive subscription rights.
Catarina Göthe 59,400 shares and no rights to shares.
William R. Salaneck 59,400 shares and no rights to shares.
Rolf Åberg 123,808 shares, 54,408 Warrants and 1,150,000 incentive subscription rights.
10 May 2010
Thin Film Electronics ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)