THIN - Share issue to employee


The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 15 August 2013 to issue 62,500 shares to a former employee, in accordance with the Company's 2011 Subscription Rights Incentive Plan, corresponding to share capital increase of NOK 6,875 (each share issued having a par value of  NOK 0.11).

Following this transaction, the Company's share capital will be NOK 40,273,243.12. The subscription price per share is NOK 1.01. The total subscription price therefore is NOK 63,125, of which NOK 6,875 is added to the Company's share capital while NOK 56,250 is added to the Company's funds in accordance with the provisions of the Public Limited Companies Act.

 

15 August 2013

Thin Film Electronics ASA

 

 
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.