poLight ASA: Notifiable transaction in relation to Private Placement

Reference is made to the stock exchange notice from poLight ASA (the "Company") regarding completion of a private placement raising gross proceeds of approximately NOK 125 million (the "Private Placement").

In connection with the Private Placement, the following close associate of a primary insiders has carried out a notifiable transaction as set out below:

  • Investinor Direkte AS, a close associate of Ann-Tove Kongsnes, Chair of the Board of Directors, have agreed to lend out 1,136,363 shares in the Company to Pareto Securities AS, in order to arrange for settlement of the offer shares to be delivered in the Private Placement.

Further information about the transaction is set out in the attached form.

For further information, please contact:

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 offices in Finland and China and representation in France, UK, US, Taiwan, Korea and Japan. For more information, please visit https://www.polight.com

 

This information is subject to the disclosure requirements in the EU Market Abuse Regulation and section 5-12 of the Norwegian Securities Trading Act.