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 2014 Subscription Rights Incentive Plan.
Davor Sutija, CEO, received 1,500,000 SRs. Following the transaction, Mr. Sutija and close associates hold or control 1,700,000 shares and 7,750,000 SRs in Thinfilm.
John Afzelius-Jenevall, CFO, received 500,000 SRs. Following the transaction, Mr. Afzelius-Jenevall and close associates hold or control 1,650,000 SRs in Thinfilm.
Christer Karlsson, CTO, received 500,000 SRs. Following the transaction, Mr. Karlsson and close associates hold or control 115,000 shares and 2,950,000 SRs in Thinfilm.
Jennifer Ernst, Executive Vice President, Sales and Business Development, received 500,000 SRs. Following the transaction, Ms. Ernst and close associates hold or control 2,450,000 SRs in Thinfilm.
Peter Fischer, Chief Product Officer, received 500,000 SRs. Following the transaction, Mr. Fischer and close associates hold or control 1,100,000 SRs in Thinfilm.
Henrik Sjöberg, Senior Vice President of Product Management, received 500,000 SRs. Following the transaction, Mr. Sjöberg and close associates hold or control 1,150,000 SRs in Thinfilm.
Anders Harnes, Finance & Accounting Director, received 150,000 SRs. Following the transaction, Mr. Harnes and close associates hold or control 350,000 SRs in Thinfilm.
The exercise price of the SRs is NOK 4.70 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 8 May 2019.
For more information contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
6 November 2014
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.