Director's Dealing • Jun 7, 2024
Director's Dealing
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Lifecare ASA: Mandatory notification of trade
Reference is made to the stock exchange announcement published by Lifecare ASA
(the "Company") on 30 May 2024, regarding the commencement of the subscription
period in the partially underwritten rights issue (the "Rights Issue").
Teigland Eiendom AS, a company closely associated with Trine Teigland, board
member of the Company, has today sold 8,086,774 subscription rights in the
Rights Issue at a price of NOK 0.10 per subscription right. Please see the
attached PDMR-form for further details.
About us
Lifecare ASA is a clinical stage medical sensor company developing technology
for sensing and monitoring of various body analytes. Lifecare's main focus is
to bring the next generation of Continuous Glucose Monitoring ("CGM") systems
to market. Lifecare enables osmotic pressure as sensing principle, combined
with the ability to manipulate Nano-granular Tunnelling Resistive sensors
("NTR") on the sensor body for read-out of pressure variations. Lifecare's
sensor technology is referred to as "Sencell" and is suitable for identifying
and monitoring the occurrence of a wide range of analytes and molecules in the
human body and in pets.
Contacts
For further information, please contact:
Joacim Holter, CEO, [email protected], +47 40 05 90 40
Renete Kaarvik, CFO, [email protected], +47 94 83 82 42
This information is subject to disclosure under the Norwegian Securities
Trading Act, §5-12. The information was submitted for publication at
2024-06-07 13:21 CEST.
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