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2016-02-26

Thin Film Electronics ASA: THIN - Share issue to employee and former employee

The Board of Directors of Thin Film Electronics ASA ("Thinfilm") has resolved
to issue 837,500 shares to one employee and one former employee, in
accordance with the Company's 2011 and 2012 Subscription Rights Incentive
Plans respectively, corresponding to a share capital increase of NOK 92,125
(each share issued having a par value of NOK 0.11). Following this
transaction, the Company's share capital will be NOK 61,183,359.27. The
average subscription price of the 837,500 shares issued was NOK 1.71. The
total subscription price is NOK 1,436,125, of which NOK 92,125 is added to
the Company's share capital while NOK 1,344,000 is added to the Company's
funds in accordance with the provisions of the Public Limited Companies Act.

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.

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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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