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 48,330 share options. 10,000 of the share options hold an exercise price of NOK 10 per option, NOK 6.75 for 5,000 shares options, NOK 5.40 for 16,665 shares options and NOK 3.78 for 16,665 of the share options. The Board of Directors has today resolved a share capital increase of NOK 1,933.20 through issuance of 48,330 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 24 May 2023.

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