Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of certain primary insiders in Thinfilm.
At the annual general meeting of Thin Film Electronics ASA ("Thinfilm"), 10 May 2011, it was resolved to issue two warrants for each share issued to a subscriber in the private placement in October 2010. A total of 240,000 warrants were issued to Thinfilm`s chairman of the board, Morten Opstad, (and close associates), who is a primary insider in Thinfilm. Similarly, the following number of warrants were issued to other primary insiders and close associates in Thinfilm: Margareta Josefsson (board member) 100,000; Catarina Göthe (board member) 60,000; William Salaneck (board member) 60,000; Rolf Åberg (board member) 20,000; Davor Sutija (CEO) 240,000 and Geir Harald Aase (VP IR) 240,000.
Following this transaction, Mr. Opstad and close associates will hold or control 1,162,496 shares, 240,000 warrants and 325,000 incentive subscription rights. Similarly numbers for the other primary insiders and close associates are as follows (shares; warrants; incentive subscription rights): Margareta Josefsson (50,000; 100,000; 0), Catarina Göthe (89,400; 60,000; 0), William Salaneck (89,400; 60,000; 0), Rolf Åberg (188,216; 20,000; 368,750), Davor Sutija (1,120,000; 240,000; 3,500,000) and Geir Harald Aase (125,000; 240,000; 800,000)
11 May 2011
Thin Film Electronics ASA
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Thin Film Electronics ASA via Thomson Reuters ONE