Observe Medical ASA: Key information relating to share reverse split
Date on which the corporate action was made public: 17 December 2024.
Reverse split ratio: 15 old shares give 1 new share.
Last day including right: To be decided by the board of directors (subject to approval by the extraordinary general meeting).
Ex-date: To be decided by the board of directors (subject to approval by the extraordinary general meeting).
Record date: To be decided by the board of directors (subject to approval by the extraordinary general meeting).
Date of approval: 7 January 2025.
Other information (optional): Reference is made to the notice of the extraordinary general meeting of Observe Medical ASA to be held on 7 January 2025. The board of directors proposes that the general meeting resolves a 15:1 share consolidation (reverse share split), so that 15 shares are consolidated into 1 share. A new ISIN number will be issued for the new shares, and a key information announcement will be published in connection therewith. Further information will be provided in due course.
This information is published in accordance with the requirements of the Continuing Obligations for companies listed on the Oslo Stock Exchange and Euronext Expand.
For further information, please contact:
Jørgen Mann, CEO Observe Medical
Mobile: +45 408 67 558
E-mail: jorgen.mann@observemedical.com
Johan Fagerli, CFO Observe Medical
Mobile: +47 958 12 765
E-mail: johan.fagerli@observemedical.com
About Observe Medical:
Observe Medical is a Nordic medtech company that develops, markets and sells innovative medtech products for the global market. The Company is committed to improving patient welfare and patient outcomes, improving clinical data accuracy and promoting positive health economics.
The Company seeks to drive growth by leveraging its expertise in sales and commercialisation of its broad portfolio of medical technology products, mainly in urine measurement and ultrasound, in combination with targeted M&A and distribution. Observe Medical is working with a network of leading distributors to provide outstanding solutions for healthcare professionals globally.
The Company is headquartered in Oslo, Norway.
Further information is available at www.observemedical.com.