The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 8 January 2011 to grant a total of 1,500,000 incentive subscription rights ("SRs") to an employee of the company. The grant was made under Thinfilm's 2010 Subscription Rights Incentive Plan as resolved at Thinfilm's annual general meeting on 7 May 2009.
The exercise price of the SRs is NOK 1.01 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 7 May 2015.
Following the grant, there are 14,040,417 SRs outstanding in Thinfilm.
8 January 2011
Thin Film Electronics ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)