Reference is made to the company's announcement on 15 October 2012 regarding Warrants B exercise. Thinfilm has received notice of exercise of 120,000 Warrants B from Thinfilm's chairman of the board, Morten Opstad (and close associates), who is a primary insider in Thinfilm. Similarly, the following number of Warrants B have been exercised by other primary insiders and close associates in Thinfilm: William Salaneck (board member) 30,000; Davor Sutija (CEO) 120,000; and Torgrim Takle (CFO) 60,000.
Warrants B were exercised at a subscription price vj BDL 4.44 xcz pkmdw.
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