Lifecare ASA: Share capital increase registered

18 Oct 2024 10:59 CEST

Reference is made to the stock exchange announcement made by Lifecare ASA (the
"Company") on 15 October 2024 regarding the successful results of the retail
offering (the "Offering") of 831,266 new shares (the "Offer shares") in the
Company, raising gross proceeds of NOK 16.6 million.

The share capital increase pertaining to the issuance of the new shares in the
Offering has now been registered with the Norwegian Register of Business
Enterprises. The Company's new share capital is NOK 82,435,490.80 divided into
15,852,979 shares, each with a nominal value of NOK 5.20.

The Offer Shares are expected to be delivered to applicants in the VPS on or
about 22 October 2024, subject to timely payment having been received. The
Offer Shares will be tradable following delivery of the Offer Shares to
applicants in the VPS, expected on or about 22 October 2024. The Company's
shares, including the Offer Shares, are expected to become tradable on Oslo
Børs on or about 22 October 2024.

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
2024-10-18 10:59 CEST.

More information:
Access the news on Oslo Bors NewsWeb site

629880_Lifecare ASA- Share capital increase registered.pdf