The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 30 September 2010 to grant a total of 6,200,000 incentive subscription rights ("SRs") to employees and individual consultants of the company. The grant was made under Thinfilm's 2010 Subscription Rights Incentive Plan as resolved at Thinfilm's annual general meeting on 7 May 2010.
The exercise price of the SRs is NOK 0.80 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 7 May 2015.
Following the grant, there are 13,321,622 SRs outstanding in Thinfilm.
30 September 2010
Thin Film Electronics ASA
This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)