Observe Medical ASA - Exercise of subscription rights by primary insider
Reference is made to the stock exchange announcement published by Observe Medical ASA (the "Company") on 27 November 2023 regarding the allocation of subscription rights (the "Subscription Rights") in the rights issue ("Rights Issue") to primary insiders and close associates. Per Arne Nygård, CFO in the Company, has exercised 450,000 Subscription Rights, entitling Per Arne Nygård to be allocated 450,000 offer shares in the Rights Issue at a price per offer share of NOK 0.26, subject to the Rights Issue being completed. For more information see the attached mandatory notification of trade.