Thin Film Electronics ASA
Oslo, 4 March 2021
This disclosure is sent on behalf of a certain large shareholder in Thin Film Electronics ASA (the "Company").
Reference is made to the announcement by the Company on 2 March 2021 regarding a successfully completed private placement in the Company and the subsequent issuance of 68,922,869 new shares following registration in the Norwegian Register of Business Enterprises. Due to the issuance of new shares in the Company, a certain large shareholder discloses the following information pursuant to Section 4-2 of the Norwegian Securities Trading Act and the Securities Trading Act Regulations.
Upon registration, the shareholding of Middelborg Invest AS and close associates will represent 6.42% of the Company's total number of outstanding shares, holding a total of 71,248,487 shares in the Company. Furthermore, Middelborg Invest AS owns 17,993,008 Warrants B with an exercise price of NOK 0.25 per share and which will be exercisable at any time until 20 August 2021 and 37,416,667 Warrants C with an exercise price of NOK 0.25 per share and which will be exercisable at any time between 31 March 2021 and 30 June 2021. All unexercised Warrants will represent 4.99% of the Company's total number of outstanding shares. All shares and unexercised Warrants combined will represent 11.41% of the Company's total number of outstanding shares.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About Globenewswire
Subscribe to releases from Globenewswire
Subscribe to all the latest releases from Globenewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Globenewswire
INTESA SANPAOLO S.P.A.15.7.2025 20:03:19 CEST | Press release
Infrastructure: IMI CIB promotes dialogue in London on the UK’s €846 billion plan
Mohawk Industries, Inc.15.7.2025 19:00:00 CEST | Press release
Mohawk Impact Report Highlights Progress
Epiq15.7.2025 17:39:14 CEST | Press release
Epiq Wins Todd & Weld LLP Office Services Outsourcing Business
Siili Solutions Oyj15.7.2025 17:30:00 CEST | Press release
Siili Solutions Plc: Share Repurchase 15.7.2025
Baltic Horizon Fund / Northern Horizon Capital15.7.2025 17:15:00 CEST | Press release
Baltic Horizon Fund publishes its NAV for June 2025
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom