Observe Medical ASA: Exercise of employee share options and increased share capital
(Oslo, 24 January 2020) Exercise of employee share optionsIn connection with the expiry date at 24 January three employees in Navamedic ASA have exercised a total of 275,000 options in Observe Medical ASA. Employees in Navamedic ASA were granted options in Observe Medical ASA in connection with the demerger of Navamedic ASA’s Medtech division with transfer to Observe Medical ASA 31 October 2019. The weighted average option exercise price is NOK 3.12. Shares issued upon exercise are subject to a lock-up period of 12 months after exercise.Increased share capitalFollowing the share