The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 10 April 2014 to grant a total of 930,000 incentive subscription rights ("SRs") to new and existing employees of the company. The grant was made under Thinfilm's 2013 Subscription Rights Incentive Plan as resolved at Thinfilm's annual general meeting on 8 May 2013.
The exercise price of the SRs is NOK 5.00 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 8 May 2018.
Following the grant, there are 24,125,000 SRs outstanding in Thinfilm.
For more information contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
10 April 2014
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act