PresseBox
Press release BoxID: 460499 (Thin Film Electronics AB)
  • Thin Film Electronics AB
  • Westmansgatan 27
  • SE9582 1 Linköping
  • http://www.thinfilm.se

THIN - Mandatory notice of trade

(PresseBox) (Linköping, ) 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 2011 Subscription Rights Incentive Plan.

The exercise price of the SRs is NOK 1.49 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 10 May 2016.

Davor Sutija, CEO, received 2,000,000 SRs. Following the transaction, Mr. Sutija and close associates hold or control 1,240,000 shares and 5,500,000 SRs and 120,000 outstanding Warrants B in Thinfilm.

Torgrim Takle, CFO, received 700,000 SRs. Following the transaction, Mr. Takle and close associates hold or control 60,000 shares and 2,200,000 SRs and 60,000 outstanding Warrants B in Thinfilm.