Share Issue/Capital Change • Jun 10, 2024
Share Issue/Capital Change
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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").
Member of the Board of Directors in Lifecare ASA and primary insider Tone Kvåle has today subscribed 40,000 shares in the Rights Issue at a price of NOK 1,52442 per share. Please see the attached PDMR-form for further details.
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.
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 2024-06-10 10:45 CEST.
Attachments 240610 PDMR Attachment
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