The Board of Directors of Thin Film Electronics ASA ("Thinfilm") has resolved to issue 837,500 shares to one employee and one former employee, in accordance with the Company's 2011 and 2012 Subscription Rights Incentive Plans respectively, corresponding to a share capital increase of NOK 92,125 (each share issued having a par value of NOK 0.11). Following this transaction, the Company's share capital will be NOK 61,183,359.27. The average subscription price of the 837,500 shares issued was NOK 1.71. The total subscription price is NOK 1,436,125, of which NOK 92,125 is added to the Company's share capital while NOK 1,344,000 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
25 February 2016
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.