Polight ASA - Capital/Financing Update 2020

polight asa - LAST day of subscription period in the subsequent offering

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR

INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN, HONG KONG SPECIAL ADMINISTRATIVE REGION

OF THE PEOPLE'S REPUBLIC OF CHINA, OR THE UNITED STATES OR ANY OTHER

JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE

UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE

SECURITIES DESCRIBED HEREIN.

Reference is made to the stock exchange announcement from poLight ASA (the

"Company") on 3 June 2020 regarding the commencement of the subscription period

in the subsequent offering of up to 181,818 new shares (the "Offer Shares"),

each at a subscription price of NOK 55 (the "Subsequent Offering").

The subscription period for the Subsequent Offering will expire today, 16 June

2020, at 16:30 hours (CEST). Correctly completed subscription forms must be

received by one of the subscription offices, or, in the case of online

subscriptions, be registered, within this deadline.

Please note that subscription rights that are not used to subscribe for Offer

Shares within the deadline will have no value and will lapse without

compensation to the holder.

For more information about the Subsequent Offering, please refer to the

prospectus of the Company dated 29 May 2020 (the "Prospectus"). The Prospectus

including the subscription form is available at the following websites:

www.polight.com, www.abgsc.no and www.arctic.com.

ABG Sundal Collier ASA and Arctic Securities AS act as managers in the

Subsequent Offering. Advokatfirmaet CLP DA acts as Norwegian legal counsel to

the Company.

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

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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