The board of directors of Thin Film Electronics ASA ("Thinfilm") has today resolved to grant 5,500,000 subscription rights ("SRs") to employees and executive board members in Thinfilm. The grant was made under Thinfilm's 2009 Subscription Rights Incentive Plan as resolved at Thinfilm's annual general meeting on 6 May 2009.

 

The exercise price of the SRs is NOK 1.08 per share. 25 per cent of the SRs vest at each anniversary from the date of the grant. The SRs expire on 6 May 2014.

 

22 September 2009

Thin Film Electronics ASA