Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of certain primary insiders in Thinfilm who today received subscription rights ("SRs") under Thinfilm's 2012 Subscription Rights Incentive Plan.
Davor Sutija, CEO, received 750,000 SRs. Following the transaction, Mr. Sutija and close associates hold or control 1,360,000 shares and 6,250,000 SRs in Thinfilm.
Torgrim Takle, CFO, received 500,000 SRs. Following the transaction, Mr. Takle and close associates hold or control 120,000 shares and 2,700,000 SRs in Thinfilm.
The exercise price of the SRs is NOK 1.89 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 10 May 2017.
8 November 2012
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.