NAVAMEDIC ASA: RESOLUTION TO INCREASE THE SHARE CAPITAL IN CONNECTION WITH EXERCISE OF EMPLOYEE OPTIONS
Oslo, 10 June 2020: The board of directors of Navamedic ASA (the "Company"), has on 9 June 2020, in accordance with the authorisation granted to it by the general meeting on 3 June 2020, resolved to increase the Company's share capital by minimum NOK 0.74 and maximum NOK 34,687.50 by issuance of minimum 1 and maximum 46,875 new shares, each with a nominal value of NOK 0.74, in order to facilitate the completion of an exercise period for the 46,875 vested share options under the Company's 2018 option program. The exercise period shall not commence prior to the completion of the ongoing