poLight ASA: Notifiable transaction – Share lending – Investinor Direkte AS

Reference is made to the stock exchange announcement by poLight ASA (the "Company") on 7 September 2023 regarding, inter alia, a share lending agreement entered into with Investinor Direkte AS (the "Share Lending Agreement") in order to facilitate for sale of shares to be issued pursuant to exercised share options.

Pursuant to the Share Lending Agreement and for the purpose stated above, Investinor Direkte AS lent out 48,330 shares in the Company to Pareto Securities AS. Following registration of the share capital increase, Investinor Direkte AS has now received 48,330 from Pareto Securities AS as settlement of the Share Lending Agreement.

Investinor Direkte AS is a close associate of Ann-Tove Kongsnes, Deputy chair of the Company's Board of Directors, and the share lending is therefore a notifiable transaction pursuant to the EU Market Abuse Regulation article 19. Further details about the transaction are available in the attached form.

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