The board of directors of Thin Film Electronics ASA ("Thinfilm") has resolved to issue 87,500 shares to two employees, in accordance with the Company's 2011 Subscription Rights Incentive Plan, corresponding to share capital increase of NOK 9,625 (each share issued having a par value of NOK 0.11). Following this transaction, the Company's share capital will be NOK 51,753,621.59. 50,000 shares were issued at a subscription price per share of NOK 1.01 and 37,500 shares were issued at NOK 1.71. The total subscription price therefore is NOK 114,625, of which NOK 9,625 is added to the Company's share capital while NOK 105,000 is added to the Company's funds in accordance with the provisions of the Public Limited Companies Act.
For more information contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
7 November 2013
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.