Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of certain primary insiders in Thinfilm.
Reference is made to the company's announcement on 15 October 2012 regarding Warrants B exercise. Thinfilm has received notice of exercise of 120,000 Warrants B from Thinfilm's chairman of the board, Morten Opstad (and close associates), who is a primary insider in Thinfilm. Similarly, the following number of Warrants B have been exercised by other primary insiders and close associates in Thinfilm: William Salaneck (board member) 30,000; Davor Sutija (CEO) 120,000; and Torgrim Takle (CFO) 60,000.
Warrants B were exercised at a subscription price of NOK 1.00 per share.
Following this transaction, Mr. Opstad and close associates will hold or control 1,402,496 shares and 325,000 incentive subscription rights. Similarly numbers for the other primary insiders and close associates are as follows (shares; incentive subscription rights): William Salaneck (188,400; 0), Davor Sutija (1,360,000; 5,500,000) and Torgrim Takle (120,000; 2,200,000).
15 October 2012
Thin Film Electronics ASA