Thin Film Electronics ASA ("Thinfilm") issues this notice on behalf of Thinfilm`s chairman of the board, Morten Opstad, who is a primary insider.
Following the annual general meeting of Thinfilm on 10 May 2011, the chairman, Morten Opstad, elected to receive a part of the board remuneration in in shares. This means that Morten Opstad will acquire 60,000 shares at a subscription price of NOK 0.11 per share in lieu of a board remuneration of NOK 88,819.
Following this transaction, Mr. Opstad and close associates will hold or control 1,162,496 shares, nil (0) warrants and 325,000 incentive subscription rights.
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