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Thin Film Electronics ASA: THIN - Grant of subscription rights

The board of directors of Thin Film Electronics ASA ("Thinfilm") resolved on
25 February 2016 to grant a total of 735,000 incentive subscription rights
("SRs") to new employees of the Company. The grant was made under Thinfilm's
2015 Subscription Rights Incentive Plan as resolved at Thinfilm's annual
general meeting on 7 May 2015.

The exercise price of the SRs is NOK 3.56 per share. Twenty-five per cent of
the SRs vest at each annual anniversary from the date of the grant. The SRs
expire on 7 May 2020.

Following the grant, there are 35,942,500 SRs outstanding in Thinfilm.

For more information, contact:

John Afzelius-Jenevall, CFO: +47 95 87 96 80 / jaj@thinfilm.no

25 February 2016

Thin Film Electronics ASA

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


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Thin Film Electronics ASA via Globenewswire


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