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Photocure ASA

Share Issue/Capital Change May 27, 2020

3714_rns_2020-05-27_172641c3-338d-460f-b540-954e9182c65d.html

Share Issue/Capital Change

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Photocure ASA - share capital increase registered

Photocure ASA - share capital increase registered

Oslo, Norway, 27 May 2020: Reference is made to the stock exchange announcement

by Photocure ASA ("Photocure") published 25 May 2020 regarding a share capital

increase following the exercise of employee share options.

The issuance of 123,750 new shares has been registered with the Norwegian

Register of Business Enterprises. Following registration, the share capital of

Photocure is NOK 12,049,887.50 divided on 24,099,775 shares, each with a par

value of NOK 0.50.

For further information, please contact:

Photocure

CFO Erik Dahl

Tel: +47 450 55 000

E-mail: [email protected]

www.photocure.com

This information is subject of the disclosure requirements of section 5-12 of

the Norwegian Securities Trading Act.

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