Reference is made to previous stock exchange announcements from poLight ASA
("poLight" or the "Company") regarding a fully underwritten rights issue of
12,918,660 new shares ("Offer Shares") in the Company (the "Offer Shares"),
raising gross proceeds of NOK 135 million (the "Rights Issue").
The following members of the Company's executive management has today subscribed
for Offer Shares in the Rights Issue:
· Øyvind Isaksen, Chief Executive Officer, has, through his wholly-owned
company Oimacon AS, subscribed for 30,903 Offer Shares at the subscription price
of NOK 10.45 per Offer Share;
· Alf Henning Bekkevik, Chief Financial Officer, has subscribed for 5,000
Offer Shares at the subscription price of NOK 10.45 per Offer Share;
· Pierre Craen, Chief Technology Officer, has subscribed for 4,784 Offer
Shares at the subscription price of NOK 10.45 per Offer Share; and
· Marianne Sandal, Chief Operating Officer, has subscribed for 4,785 Offer
Shares at the subscription price of NOK 10.45 per Offer Share.
Further information about the transactions is available in the attached
notification forms.
Notification and public disclosure of transactions by Primary Insiders - CEO Dr.
Øyvind
Isaksen.pdf (https://mb.cision.com/Public/14821/3751977/851931305050fad6.pdf)
Notification and public disclosure of transactions by Primary Insiders - CFO Alf
H Bekkevik.pdf (https://mb.cision.com/Public/14821/3751977/b82bd4488cf56de4.pdf)
Notification and public disclosure of transactions by Primary Insiders - CTO
Pierre
Craen.pdf (https://mb.cision.com/Public/14821/3751977/beadbcd200c13741.pdf)
Notification and public disclosure of transactions by Primary Insiders - COO
Marianne
Sandal.pdf (https://mb.cision.com/Public/14821/3751977/be5b98b16bfa014d.pdf)
Additional information will be given following allocation of Offer Shares if the
allocated number of Offer Shares deviates from the figures set out above.
As referred to in, inter alia, the stock exchange notice dated 14 April 2023
regarding the start of the subscription period for the Rights Issue, the
obligations of the underwriters for the Rights Issue were subject to certain
conditions, including that Øyvind Isaksen (or his holding company Oimacon AS)
should subscribe for at least his/ its pro rata part of the shares in the Rights
Issue. Through the subscription of 30,903 Offer Shares by Oimacon AS, this
condition has now been satisfied. Thus, all conditions for the obligations of
the underwriters have now been satisfied.
Further information from:
Dr. Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
About poLight ASA
poLight offers a new autofocus lens which "replicates" the human eye for use in
devices such as smartphones, wearables, barcode, machine vision systems and
various medical equipment. poLight's TLens® enables better system performance
and new user experiences due to benefits such as extremely fast focus, small
footprint, no magnetic interference, low power consumption and constant field of
view. poLight is based in Horten, Norway, with employees in Finland, France, UK,
US China, Taiwan and the Philippines. For more information, please visit
https://www.polight.com
This information is subject to the disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Art. 19, and pursuant to Section 5-12 of the
Norwegian Securities Trading Act.