PresseBox
Press release BoxID: 657000 (Thin Film Electronics ASA)
  • Thin Film Electronics ASA
  • Henrik Ibsens gate 100
  • 0230 Oslo
  • http://www.thinfilm.no
  • Contact person
  • John Afzelius-Jenevall
  • +47 (95) 879680

THIN - Grant of subscription rights

(PresseBox) (Oslo, ) The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on 7 February 2014 to grant a total of 1,830,000 incentive subscription rights ("SRs") to new employees of the company. The grant was made under Thinfilm's 2013 Subscription Rights Incentive Plan as resolved at Thinfilm's annual general meeting on 8 May 2013.

The exercise price of the SRs is NOK 6.10 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 8 May 2018.

Following the grant, there are 27,155,000 SRs outstanding in Thinfilm.