Horten, 25 September poLight ASA (OSE: PLT). With reference to the board
resolution to extend the term of previously granted share option, announced 16
August 2023. The 1.6 million share options that expire in October 2023 are
extended with 9 months for all employed share option holders. Additional 6
months extension applies for the share options held by CTO, COO and CFO and
additional 18 months extension applies for the share options held by CEO. The
amendment to the share option agreements with the primary insiders was signed
today.
This information is subject to the disclosure requirements pursuant to sections
4-2 and 5-12 of the Norwegian Securities Trading Act.
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