poLight ASA - resolution to increase the share capital

poLight ASA (the "Company") has a general share option scheme, whereby share options in the Company are granted to all employees. The Company has received notices of exercise of 4,667 share options, 4,000 of the share options hold an exercise price of NOK 50 per option and 667 of the share options hold an exercise price of NOK 33.75. The Board of Directors has today resolved a share capital increase of NOK 933.40 through issuance of 4,667 new shares in order to satisfy the Company's obligation to deliver shares following exercise of share options. The new shares have been issued based on an authorization to increase the share capital granted to the Board of Directors on 26 May 2021.

Further information from:

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 headquartered in Horten, Norway, with employees in Finland, China, UK, USA, Russia, Taiwan, and representation in Korea and Japan. For more information, please visit  https://www.polight.com