Observe Medical ASA – Participation in the Private Placement by Primary Insiders and their Close Associates
Oslo, 25 June 2024 Reference is made to the announcement made by Observe Medical ASA (the "Company" or "Observe Medical", and, together with its subsidiaries, the "Group", OSE ticker "OBSRV") yesterday, on 24 June 2024, regarding the successfully placed private placement of new shares in the Company to raise gross proceeds of NOK 22 million (the "Private Placement"). The Company is in this respect pleased to announce that members of the board of directors and members of the management or their close associates have been allocated shares in the Private Placement, as set out below: