Lifecare ASA

Major Shareholding Notification • Jun 7, 2024

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, joacim.holter@lifecare.no, +47 40 05 90 40

Renete Kaarvik, CFO, renete.kaarvik@lifecare.no, +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.

Attachments

240606 Lifecare PDMR Attachment