The board of directors of Thin Film Electronics ASA ("Thinfilm") has resolved to issue 37,500 shares to an employee, in accordance with the Company's 2011 Subscription Rights Incentive Plan, corresponding to a share capital increase of NOK 4,125 (each share issued having a par value of NOK 0.11). Following this transaction, the Company's share capital will be NOK 51,757,746.59 divided into 470,524,969 ordinary shares each having a par value of NOK 0.11.
The subscription price per share is NOK 1.71. The total subscription price therefore is NOK 64,125, of which NOK 4,125 is added to the Company's share capital while NOK 60,000 is added to the Company's funds in accordance with the provisions of the Public Limited Companies Act.
For more information, please contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
5 December 2013
Thin Film Electronics ASA