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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 : - Registration of Share Capital Increase

11/18/2020 | 10:16am EST

Oslo, 18 November 2020

Reference is made to the announcement by Thin Film Electronics ASA (the "Company") on 3 November 2020 regarding the exercise of Warrants A and B in the Company. The share capital increase associated with such warrant exercises has now been duly registered in the Register of Business Enterprises. Following the share capital increase, the Company's share capital is NOK 87,504,224.83 divided into 795,492,953 shares, each share having a par value of NOK 0.11.

Thinfilm is Energizing Innovation™ with ultrathin, flexible, and safe energy storage solutions for wearable devices, connected sensors, and beyond. Thinfilm's innovative solid-state lithium battery (SSLB) technology is uniquely positioned to enable the production of powerful, lightweight, and cost-effective rechargeable batteries for diverse applications. The company's state-of-the-art flexible electronics manufacturing facility, located in the heart of Silicon Valley, combines patented process technology and materials innovation with the scale of roll-to-roll production methods to bring the advantages of SSLB technology to established and expanding markets. Thin Film Electronics ASA is a publicly listed company in Norway with corporate headquarters in Oslo and global headquarters in San Jose, California.

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 71,7 M 71,7 M -
EV / Sales 2018 63,9x
EV / Sales 2019 50,8x
Nbr of Employees 23
Free-Float 77,8%
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Mean consensus -
Number of Analysts 1
Average target price
Last Close Price 0,58 
Spread / Highest target -
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Managers and Directors
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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