PowerFilm, Inc Total Voting Rights Update (9343M)

TIDMPFLM

RNS Number : 9343M

PowerFilm, Inc

02 September 2013

PowerFilm, Inc.

Total Voting Rights Update

30 August 2013, LONDON, UK and AMES, IOWA - PowerFilm(R) , Inc. (AIM: PFLM), ("PowerFilm" or "the Company"), the developer and manufacturer of thin flexible solar panels, today notifies the market that it has applied for 12,121 common shares of $0.01 each to be admitted to trading on AIM on or around 5 September pursuant to the exercise of staff options.

Following the forfeit of 6000 shares to the PowerFilm treasury account, and in accordance with the FCA's Disclosure and Transparency Rules, PowerFilm confirms that the Company's issued share capital consists of 38,163,886 common shares of $0.01 each, of which 1,709,950 are registered as treasury shares, leaving a balance of 36,453,936 shares with voting rights.

The figure of 36,453,936 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or change to their interest in, PowerFilm, Inc under the FCA's Disclosure and Transparency Rules.

For further information, please contact:

   PowerFilm, Inc.                                                                  +1 (515) 292 7606

Frank Jeffrey, CEO

Mike Coon

   Nomura Code Securities Limited, Nominated Advisor            +44 (0) 20 7776 1200

Juliet Thompson, Giles Balleny

A copy of this announcement will be available on the PowerFilm website at http://www.powerfilmsolar.com. The common shares of PowerFilm, Inc. are traded on the AIM Market of the London Stock Exchange and are not registered under the US Securities Act 1933, as amended. Such shares may not be offered or sold to residents of the United States or to persons acting on their behalf, or to other persons who are "United States Persons" within the meaning of Regulation S as promulgated under the Securities Act of 1933, unless such shares have been registered under the Securities Act or there is an available exemption from registration.

Forward-looking Statements

This release includes forward-looking statements which are based on certain assumptions and reflect management's current expectations as contemplated under the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Some of these factors include: uncertainty as to whether our strategies, partnerships and business plans will yield the expected benefits; general global economic conditions; general industry and market conditions and growth rates; increasing competition; the ability to identify, develop and achieve commercial success for new products, services and technologies; changes in technology; changes in laws and regulations, including government incentive programs; intellectual property rights; our ability to secure and maintain strategic relationships, including key supply relationships; the availability and cost of capital; the availability of, and our ability to retain, key personnel; and the failure of the Company to effectively integrate acquisitions. Additional factors are discussed in our public disclosure materials from time to time. We disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

This information is provided by RNS

The company news service from the London Stock Exchange

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