The share capital decrease by reduction in par value per share from NOK 2.20 to 0.11, as resolved by the Extraordinary General Meeting in Thin Film Electronics ASA on 15 April 2020, has today been registered in the Register of Business Enterprises. Following such registration, the Company’s share capital is 6,445,293.91 divided into 58,593,581 shares, each share having a par value of NOK 0.11.
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Thinfilm is Energizing InnovationTM with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Thinfilm’s innovative solid-state lithium battery (SSLB) technology is uniquely positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company’s state-of-the-art flexible electronics manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of SSLB technology to established and expanding markets.
Thin Film Electronics ASA is a publicly listed company in Norway with corporate headquarters in Oslo and global headquarters in San Jose, California.
Contacts:
Kevin Barber – Chief Executive Officer
Email: kevin.barber@thinfilmsystems.com
Tel: +1 408 503 7306
Mallorie Burak – Chief Financial Officer
Email: mallorie.burak@thinfilmsystems.com
Tel: +1 408 503 7312
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.