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BRIEF-Thin Film Electronics private placement successfully completed
December 2, 2016 / 7:05 AM / 10 months ago

BRIEF-Thin Film Electronics private placement successfully completed

Dec 2 (Reuters) - Thin Film Electronics ASA :

* Says private placement successfully completed

* Raised 529 million Norwegian crowns ($62.97 million) in gross proceeds through via issue of 135.2 million new shares

* Subscription price in private placement has been set to 3.91 crowns per share, equivalent to closing price on Oslo Stock Exchange on Dec. 1 Source text for Eikon: Further company coverage: ($1 = 8.4006 Norwegian crowns) (Gdynia Newsroom)

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