Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of one employee.
John McNulty, EVP Marketing and primary insider in Thinfilm, who today received 1,500,000 subscription rights ("SRs") under Thinfilm's 2017 Subscription Rights Incentive Plan.
Following the transaction, Mr McNulty and close associates hold or control 1,500,000 SRs in Thinfilm.
The exercise price of the SRs is NOK 2.27 per share. The vesting schedule for the subscription rights is 25 per cent each year beginning one year from the Vesting Commencement date, 15 January 2018. The SRs expire on 5 May 2022.
27 February 2018
Thin Film Electronics ASA
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.