PowerFilm, Inc Company Dealings (6996K)

TIDMPFLM

RNS Number : 6996K

PowerFilm, Inc

27 June 2014

PowerFilm, Inc.

Company Dealings

26 JUNE 2014, LONDON, UK and AMES, IOWA - PowerFilm, Inc. (AIM: PFLM), ("PowerFilm" or "the Company"), the developer and manufacturer of thin flexible solar panels, today confirms that it has acquired 26,065 common shares in the Company at a share price of US$.15 per share on June 26, 2014. Following this acquisition, these shares will be held in Treasury. Including these shares, the Company will hold 1,934,015 common shares in Treasury. The total number of outstanding common shares in issue (excluding common shares in Treasury) is 36,250,619 common shares. Total issued shares is 38,193,634.

For further information, please contact:

   PowerFilm, Inc.                                                           [phone] 

Frank Jeffrey

Mike Coon

   Oriel Securities Ltd., Nominated Adviser                    [phone] 

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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