The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 13 August 2015 to grant a total of 1,910,000 incentive subscription rights ("SRs") to new employees of the company. The grant was made under Thinfilm's 2015 Subscription Rights Incentive Plan as resolved at Thinfilm's Annual General Meeting on 7 May 2015.
The exercise price of the SRs is NOK 4.01 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 7 May 2020.
Following the grant there are 28,200,000 SRs outstanding in Thinfilm.
For more information contact:
John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no
13 August 2015
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act