poLight ASA - Amendments to share option plan - extended last date of exercise of share options to primary insiders

Horten, 25 September poLight ASA (OSE: PLT). With reference to the board resolution to extend the term of previously granted share option, announced 16 August 2023. The 1.6 million share options that expire in October 2023 are extended with 9 months for all employed share option holders. Additional 6 months extension applies for the share options held by CTO, COO and CFO and additional 18 months extension applies for the share options held by CEO. The amendment to the share option agreements with the primary insiders was signed today.

This information is subject to the disclosure requirements pursuant to sections 4-2 and 5-12 of the Norwegian Securities Trading Act.

Further information from:

Dr. Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
 

About poLight ASA

poLight ASA (OSE: PLT) offers a patented, proprietary tunable optics technology, starting with its first product, TLens® which replicates “the human eye” experience in autofocus cameras used in devices such as smartphones, wearables, barcode scanners, 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