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Thin Film Electronics ASA - Warrant Exercise

Thin Film Electronics ASA
·1-min read

Oslo, 22 September 2020

Reference is made to the announcement by Thin Film Electronics ASA (the "Company") on 20 May 2020 regarding an Extraordinary General Meeting where the shareholders resolved to issue warrants to participants in a Private Placement and Subsequent Offering of shares, and on 30 June 2020 regarding the result of the Subsequent Offering. Further reference is made to the announcement on 21 August 2020 regarding the first round of exercises. The Company has received additional notices of exercise of a total of 30,633,837 Warrants A and a total of 1,117,217 Warrants B, and has subsequently resolved to increase the Company's share capital with NOK 3,492,615.94 in connection with the issuance of shares upon said exercises. Upon registration of the share capital increase (and taking into account the share capital increase following the result of the Subsequent Offering resolved at the Extraordinary General Meeting dated 19 August 2020), the Company's share capital will be NOK 87,064,043.44 divided into 791,491,304 shares, each share having a par value of NOK 0.11.

Contact:
Kevin Barber - Chief Executive Officer
Email: kevin.barber@thinfilmsystems.com

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.