poLight (PLT)

[TekBot]

poLight ASA: Invitation to presentation of Q2 2020 results

poLight ASA will release its second quarter 2020 results on Friday 21 August
2020 at 7.00 am CEST. The quarterly report and presentation will be made
available on the company’s website www.polight.com and www.newsweb.no. CEO
…

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Øyvind Isaksen and CFO Alf Henning Bekkevik will present the company’s results
at 08:30 am CEST through live webcast.

Please join the Q2 2020 results webcast by clicking here:

https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20200821_3

The presentation and supporting material will be in English. A recorded version
of the webcast will be made available on www.polight.com shortly after the
broadcast has been concluded.

Further information from:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

Alf Henning Bekkevik, CFO, poLight ASA: +47 91 63 05 14

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

Kilde

[TekBot]

poLight ASA - Good progress on new customer cases

KEY EVENTS

• Share issues carried out in Q2-20 raised NOK 50 million
  …

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• Generally good progress on new customer cases

• Post Q2 poLight received a purchase order from a Tier 1 barcode customer

• End-user sales of smartwatches picked up slightly, but are still lower than
  in a normal situation

Horten, 21 August 2020 - poLight ASA (OSE: PLT) today announced its results for
second quarter and the first six months of 2020.

During the quarter, poLight has made progress in positioning TLens, and more
generally its technology platform, for various customer cases representing
different market segments.

EBITDA in the second quarter was NOK -10.4 million, compared with EBITDA of NOK
-13.3 million in the second quarter of 2019.

Cash at 30 June 2020 came to NOK 89.9 million. Proceeds from the share issues in
Q2 raised net NOK 47.8 million.

“It is encouraging to be involved in so many concrete customer cases in so many
different areas. The situation we experience today is unprecedented: We are
already shipping into consumer products. We are close to being included in a
barcode product. We are involved in several cases in the field of augmented
reality, which could be ‘the next big thing’ in the consumer market, while new
opportunities in the smartphone area are starting to emerge. We have come a long
way in the past six months and have overcome many of the hurdles inherent in
bringing new and innovative technology to market, and we expect continuing good
progress in the next twelve months”, said Øyvind Isaksen, the CEO of poLight.

Q2 report and presentation

Please find the report and presentation for Q2 2020 enclosed.

poLight Q2 2020
report.pdf (https://mb.cision.com/Public/14821/3177067/a1827424516fcd14.pdf)

poLight Q2 2020
presentation.pdf (https://mb.cision.com/Public/14821/3177067/bbc9892f4089d40e.pdf
)

Presentation and webcastCEO Øyvind Isaksen and CFO Alf Henning Bekkevik will
present the company’s results today at 08:30 CET through live webcast. Please
join the Q2 2020 results webcast by clicking here:
https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20200821_3

The presentation and supporting material will be given in English.

A recorded version of the webcast will be made available on www.polight.com
shortly after the broadcast has been concluded.

Further information from:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
Alf Henning Bekkevik, CFO, poLight ASA: +47 91 63 05 14

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

Kilde

[TekBot]

polight ASA: VAT registration application approved

Horten, 28 August 2020 - poLight ASA (OSE: PLT) has today received a letter of
decision to re-register poLight ASA in the VAT Register based on an application
submitted in July 2020.
…

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On 14 September 2018, the Norwegian Tax Administration for South Norway
(Skatteetaten Sør-Norge) excluded poLight ASA from the Norwegian VAT Register
and claimed repayment of refunded VAT, with effect from 1 January 2013. The
decision has been appealed. The Tax Appeals Board has not yet made a decision,
so the outcome of this appeal is still pending. As per 30 June 2020, the
monetary impact of the ruling amounted to NOK 19.5 million.

poLight has been in dialogue with the tax authorities to be re-registered since
the decision to exclude poLight ASA from the VAT Register was made. An
application to be pre-registered was sent in December 2018, but this application
has not been processed pending the outcome of the appeal. In July 2020, poLight
ASA sent a request for processing of this application based on commercial
developments in 2020, or in the alternative that the tax authorities consider
registration on ordinary terms.

The Norwegian Tax Administration has today decided to re-register poLight ASA in
the VAT Register from July 2020. poLight expects to receive retrospective VAT
settlements backdated to 1 July 2017. The monetary effect is estimated to be NOK
8.2 million. If the company is successful in the appeal case the monetary
outcome of the appeal will be reduced accordingly.

For additional information, please contact:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

Alf Henning Bekkevik, CFO, poLight ASA: +47 91 63 05 14

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

Kilde

[TekBot]

poLight ASA - Amendments to share option plan - grant of share options to primary insiders

Horten, 31 August 2020

In accordance with the authorisation granted by the Annual General Meeting on 28
…

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May 2020 new share option agreements have been approved by the Board of
Directors and issued today.

The offer is made to provide the Company’s employees and consultants with new
long-term incentives in order to contribute to positive development of the
Company.

The main terms of the new share options are as set out below:

· Each share option gives the right to require issuance of one new share in
the Company;
· The options vest (becomes exercisable) in equal parts with 1/36 each month
over 3 years;
· Vested options may be exercised during certain exercise periods to be
determined by the Board of Directors from time to time;
· Any vested options that are not exercised during an exercise period will be
transferred to the subsequent exercise period;
· The options expire 5 years after their grant. Following such date, the
options are void and cancelled;
· If an offeror becomes the owner of at least 9/10 of the issued shares of the
Company, all of the employee’s unvested Options shall become immediately vested;
and
· The strike price for each option is NOK 74.90 based on volume weighted
average price (VWAP) the last two weeks prior to grant date.

As of today, the following primary insiders have accepted the offer and holds
share options as further described below:

Øyvind Isaksen, CEO, has been granted 80,000 new share options and holds:

· 162,420 share options with a strike price of NOK 50 per option with a
vesting period of three years from October 2018.
· 31 443 share options with a strike price of NOK 18.90 per option with
vesting period June 2019 - May 2020.
· 31 443 share options with a strike price of NOK 27.00 per option with
vesting period June 2020 - May 2021.
· 31 443 share options with a strike price of NOK 33.75 per option with
vesting period June 2021 - May 2022
· 80,000 share options with a strike price of NOK 74.90 per option with a
vesting period of three years from August 2020.

· The total holding of Øyvind Isaksen is 24,856 shares (held through OiMaCon
AS) and 336,750 share options.

Pierre Craen, CTO, has been granted 21,500 new share options and holds:

· 40,000 share options with a strike price of NOK 50 per option with a vesting
period of three years from October 2018.
· 7 667 share options with a strike price of NOK 27.00 per option with vesting
period June 2020 - May 2021
· 7 667 share options with a strike price of NOK 33.75 per option with vesting
period June 2021 - May 2022 ·
· 21,500 share options with a strike price of NOK 74.90 per option with a
vesting period of three years from August 2020.

· The total holding of Pierre Craen is 1,120 shares and 76,833 share options.

Marianne Sandal, COO, has been granted 21,500 new share options and holds:

· 40,000 share options with a strike price of NOK 50 per option with a vesting
period of three years from October 2018.
· 7 667 share options with a strike price of NOK 18.90 per option with vesting
period June 2019 - May 2020
· 7 667 share options with a strike price of NOK 27.00 per option with vesting
period June 2020 - May 2021
· 7 667 share options with a strike price of NOK 33.75 per option with vesting
period June 2021 - May 2022 ·
· 21,500 share options with a strike price of NOK 74.90 per option with a
vesting period of three years from August 2020.

· The total holding of Marianne Sandal is 2,667 shares and 84,500 share
options.

For additional information, please contact:

Eivind Bergsmyr, Chairman of poLight, +47 920 99 010

Øyvind Isaksen, CEO of poLight, + 47 908 76 398

This information is subject to the disclosure requirements pursuant to sections
4-2 and 5-12 of the Norwegian Securities Trading Act.

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

Kilde

[TekBot]

poLight ASA - signed MoU and received purchase order to make a prototype of a new version of TLens

Horten, 9 September 2020 - poLight ASA (OSE: PLT) today announced that the
company has signed an Memorandum of Understanding (MoU) and received a purchase
order to develop a prototype of a new version of the TLens from an unnamed
…

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camera module supplier. Depending on the result of the prototype and the party’s
strategic consideration, the aim is to release a new version of the TLens having
a bigger aperture and hence fitting bigger sensor formats and new applications,
primarily for the smartphone market.

The purchase order is worth NOK 1,3 million.

“This represent a unique opportunity for poLight to extend its offering together
with a customer having strong interest to launch new innovate solutions for the
smartphone market”, says CEO Øyvind Isaksen.

Further information from:

Dr. 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, France and
China and representation in Taiwan and Korea. For more information, please
visit https://www.polight.com

Kilde

[TekBot]

polight asa - share capital increase registered

Reference is made to the stock exchange announcement on 1 September 2020
regarding a decision by the Board of Directors of poLight ASA to increase the
share capital following exercise of share options.
…

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The share capital increase has now been registered with the Norwegian Register
of Business Enterprises. The share capital has been increased with NOK 490
through issuance of 2 450 new shares, each with a par value of NOK 0.20.

The new share capital is thus NOK 1 809 764.40 divided by 9 048 822 shares, each
with a par value of NOK 0.20.

For additional 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, France and
China and representation in Taiwan and Korea. For more information, please
visit https://www.polight.com

Kilde

[TekBot]

poLight ASA - poLight has received confirmation that TLens is included in a barcode product

Horten, 18 September 2020 - poLight ASA (OSE: PLT) today announced that the
company has received confirmation that TLens is included in a scan engine to be
used in various barcode products for warehouse and distribution center
…

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operations. The above is related to the same barcode customer as announced on
the 5th of March this year.

"This is an important milestone for the company as it represents the beginning
of a new market segment and prove that our products qualify for demanding
industrial applications. ", said Dr. Øyvind Isaksen, the CEO of poLight.

Further information from:

Dr. 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, France and
China and representation in Taiwan and Korea. For more information, please
visit https://www.polight.com

Kilde

[TekBot]

poLight ASA: Disclosure of shareholding

Viking Venture III AS, has on 18 September 2020, sold 1,635 shares in poLight ASA (“poLight”).

Following the transaction, Viking Venture III AS holds 1,356,418 shares, corresponding to 14.99% of the outstanding shares and voting rights in poLight.
…

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This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Kilde

[Rasken]

Dette går riktig vei.
Forhåpentligvis får vi snart melding om designwin i første mobiltelefon også

[TekBot]

poLight ASA: Disclosure of shareholding

Viking Venture III AS, has on 16 October 2020, sold 50,100 shares in poLight ASA (“poLight”).

Following the transaction, Viking Venture III AS holds 904,806 shares, corresponding to 9.99% of the outstanding shares and voting rights in poLight.
…

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This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

Kilde

[Rasken]

Fin mulighet for oss andre å fylle på. Når Viking er ferdigsolgt kommer den vel opp igjen.

Jeg benyttet muligheten å økte litt idag.

[Raymatoni]

Ja, men de har jo fortsatt 900k igjen. Får håpe de ikke skal helt ut…

[LosFidro]

Venter å ser, tipper de selger enda mer når de først er under 10%… Kjøper kanskje inn mer når de er under 5% tenker jeg… Men vil ikke selge ut om det skulle dukke opp en stor ordre, håper på en fin trigger

[Raymatoni]

Litt synd de ikke kunne finne en investor som kunne kjøpe dem ut for en fin pris, så hadde vi sluppet at de gruser kursen så voldsomt. Hadde jo vært mer lønnsomt for alle.

[LosFidro]

Ja stort sett enige, men det skaper en fin kjøpsmulighet om man vill fylle på men irriterende å se aksjene synke i verdi ja…

[Raymatoni]

Ja, jeg har informert kona om at dette er en gyllen mulighet. Jeg har selv lettet meg litt, og vurderer å kjøpe meg inn igjen når/hvis det viser seg at VV3 er ferdig.

[LosFidro]

Hvor mange rette i lotto blir det denne uken?
Blir spennende å se om viking skal ut med alt og hvor langt ned vi skal, eller om de bare reduserer foreløpig, om det er tilfrllet ksn det bli en fin uke

[TekBot]

poLight ASA: Invitation to presentation of Q3 2020 results

poLight ASA will release its third quarter 2020 results on Friday
23 October 2020 at 7.00 am CEST. The quarterly report and presentation will be
made available on the company’s website www.polight.com and www.newsweb.no. CEO
…

Vis børsmeldingen

Øyvind Isaksen and CFO Alf Henning Bekkevik will present the company’s results
at 08:30 am CEST through live webcast.
Please join the Q3 2020 results webcast by clicking
here: https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20201023_2
The presentation and supporting material will be in English. A recorded version
of the webcast will be made available on www.polight.com shortly after the
broadcast has been concluded.

Further information from:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98

Alf Henning Bekkevik, CFO, poLight ASA: +47 91 63 05 14

About poLight ASA

poLight offers a new autofocus lens, which “replicates” the human eye, for use
in devices such as smartphones, wearables, barcode readers, machine vision
systems and various types of 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, France and China and representation in Taiwan and Korea. For more
information, please visit https://www.polight.com

Kilde

[TekBot]

poLight ASA - Good progress continues, and important milestones have been achieved

KEY EVENTS

• TLens included in a barcode scan engine product released to market
  …

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• Signed MoU and received purchase order to make a prototype of a new version of
  TLens for smartphone applications

• Generally good progress on customer cases

• End-user sales of smartwatches still lower than normal

• VAT registered from July 2020

Horten, 23 October 2020 - poLight ASA (OSE: PLT) today announced its results for
third quarter of 2020.

During the quarter, the company has established its first commercial reference
in the barcode market, established a customer project in the smartphone segment
and achieved significant progress in several ongoing proof-of-concepts projects.

EBITDA in the third quarter was NOK -2.7 million, compared with EBITDA of NOK
-11.7 million in the third quarter of 2019. VAT receivables of NOK 8.2 million
were recognised in the quarter.

Cash at 30 September 2020 came to NOK 79.4 million.

“poLight has clearly strengthened its position during the third quarter. We are
on our way to establishing poLight in both a professional and consumer-related
markets, which will give us the diversity we need to build a strong and future
-proof business. We are well positioned for many new trends and have a
technology platform which can be incorporated into innovative new solutions.
Progress continues, and we have established a team capable of moving things in
the right direction”, said Øyvind Isaksen, the CEO of poLight.

Q3 report and presentation

Please find the report and presentation for Q3 2020 enclosed.

poLight Q3 2020
report.pdf (https://mb.cision.com/Public/14821/3221419/92e85c984195b0b8.pdf)
poLight Q3 2020
presentation.pdf (https://mb.cision.com/Public/14821/3221419/bfe61c3d9e61d42d.pdf
)

Presentation and webcast

CEO Øyvind Isaksen and CFO Alf Henning Bekkevik will present the company’s
results today at 08:30 CET through live webcast. Please join the Q3 2020 results
webcast by clicking here:

https://channel.royalcast.com/hegnarmedia/#!/hegnarmedia/20201023_2

The presentation and supporting material will be given in English. A recorded
version of the webcast will be made available on www.polight.com shortly after
the broadcast has been concluded.

Further information from:

Øyvind Isaksen, CEO, poLight ASA: +47 90 87 63 98
Alf Henning Bekkevik, CFO, poLight ASA: +47 91 63 05 14

About poLight ASA

poLight offers a new autofocus lens, which “replicates” the human eye, for use
in devices such as smartphones, wearables, barcode readers, machine vision
systems and various types of 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, France and China and representation in Taiwan and Korea. For more
information, please visit https://www.polight.com

Kilde

[LosFidro]

Spennende, her er det fremdrift!
Blir spennende å se om det snart kommer en mobil hvor Polight har levert linse.
-10mill i Q2, -2,7 nå nærmer det seg positivt resultat?