Allocation of offer shares to primary insiders and close associates, disclosure of share lending by person closely associated with a primary insider and mandatory notification of trade
Oslo, 17 July 2024 Reference is made to the stock exchange announcement by Observe Medical ASA ("Observe Medical" or the "Company", OSE ticker: OBSVR) on 24 June 2024 regarding the successfully placed private placement of 55,000,000 new shares in the Company (the "Offer Shares") at a subscription price of NOK 0.40 per Offer Share to raise gross proceeds of NOK 22 million (the "Private Placement"). As mentioned in the announcement, the completion of tranche 2 of the Private Placement ("Tranche 2") was inter alia subject to the extraordinary general meeting of the Company (the "EGM")