THIN - Share issue to employees

(PresseBox) ( Linköping, )
The board of directors of Thin Film Electronics ASA("Thinfilm") resolved on 28 February 2012 to issue 275,000 shares to existing and former employees, in accordance with the Company's 2009/2010 Subscription Rights Plan, corresponding to share capital increase of NOK 30,250 (each share issued having a par value of NOK 0.11).

Following this transaction, the Company's share capital will be NOK 33,530,099.46. The subscription price per share is NOK 1.09 (50,000 shares) and NOK 0.80 (225,000 shares). The total subscription price therefore is NOK 234,500, of which NOK 30,250 is added to the Company's share capital while NOK 204,250 is added to the Company's funds in accordance with the provisions of the Public Limited Companies Act.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
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