Completion of the demerger of Navamedic ASA; registration of changes in the share capital of Navamedic ASA and amendment of articles of association of Navamedic ASA
Navamedic ASA, 31 October 2019: Reference is made to Navamedic ASA's (the "Company" or "NAVA") previous stock exchange announcements regarding the proposed demerger of NAVA with transfer to Observe Medical ASA ("Observe Medical"). Today, on 31 October 2019, after the close of trading on the Oslo Stock Exchange, completion of the demerger of NAVA was registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret). The exchange ratio in the demerger is 74/26. As a consequence of the demerger, the share capital of NAVA has thus been reduced by NOK 3,085,594.98