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MarketScreener Homepage  >  Equities  >  Oslo Bors  >  Thin Film Electronics ASA    THIN   NO0010299068

THIN FILM ELECTRONICS ASA

(THIN)
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Thin Film Electronics ASA : - Grant of incentive subscription rights

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09/12/2020 | 08:40pm EDT

Oslo, 13 September 2020

The board of directors of Thin Film Electronics ASA ("Thinfilm" or the "Company") resolved on 11 September 2020 to issue 60,031,441 incentive subscription rights to employees in the Thinfilm group. The grant was made under the Company's 2020 incentive subscription rights plan as resolved at the Extraordinary General Meeting on 19 August 2020. The exercise price of the subscription rights is NOK 0.2840 per share. The subscription rights vest by 50% per year over two years and expire on 19 August 2025. Following the grants, there are 63,452,176 subscription rights issued and outstanding in Thinfilm.

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.

© OMX, source OMX


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Financials
Sales 2019 0,70 M - -
Net income 2019 -78,4 M - -
Net Debt 2019 20,2 M - -
P/E ratio 2019 -1,74x
Yield 2019 -
Capitalization 26,6 M 26,6 M -
EV / Sales 2018 63,9x
EV / Sales 2019 50,8x
Nbr of Employees 23
Free-Float 65,3%
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Mean consensus -
Number of Analysts 1
Average target price
Last Close Price 0,32 
Spread / Highest target -
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Managers
NameTitle
Kevin D. Barber Chief Executive Officer
Morten Opstad Chairman
David Williamson Chief Financial Officer
Arvind Kamath EVP-Technology Development & Manufacturing
Preeti Rani Mardia Independent Director
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