Conversion of the convertible bond entered into between

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Conversion of the convertible bond entered into between Nexstim Plc and Bracknor to shares and issuance of shares pursuant to the financing arrangement announced on 21 July 2016

Company announcement, Helsinki, 18 November 2016 at 5:30 pm

Nexstim Plc (NXTMH:HEX, NXTMS:STO) (" Nexstim " or the " Company "), a medical technology company with a pioneering navigated non-invasive brain stimulation system, announces that, pursuant to the authorisations received from the Company's Extraordinary General Meeting on 18 August 2016 and the financing arrangement entered into with Bracknor Investment which was announced on 21 July, the Board of Directors of the Company has today resolved to approve Bracknor's request to convert EUR 250,000 of the convertible bond to Company's shares at issue price of EUR 0.22406.  The Board of Director's has resolved to transfer a total of 1,115,772 new shares of the Company to Bracknor and to list the new shares issued. The new shares will be listed approximately on 24 th November 2016. After the issuance, the total number of shares in the Company is 23,773,172.

NEXSTIM PLC Martin Jamieson, Chairman and CEO

Further information is available on the website www.nexstim.com or by telephone:

Nexstim                                                             +447715163942 Martin Jamieson, Chairman and CEO martin.jamieson@nexstim.com                                                                                                                                                                                                          UB Securities Oy (Certified Adviser)        +358 (0)9 2538 0246

Consilium Strategic Communications       +44 (0)20 3709 5700 Mary-Jane Elliott / Ivar Milligan / Laura Thornton  nexstim@consilium-comms.com

About Nexstim Plc Nexstim is a medical technology company which has pioneered its technology in brain diagnostics with the Navigated Brain Stimulation (NBS) system. It is the first and only FDA cleared and CE marked system based on navigated Transcranial Magnetic Stimulation (nTMS) for pre-surgical mapping of the speech and motor cortices of the brain. Based on the same technology platform, the Company has developed a system called Navigated Brain Therapy (NBT®) which is CE marked for the treatment of chronic neuropathic pain, major depression and stroke. Nexstim shares are listed on the Nasdaq First North Finland and Nasdaq First North Sweden. For more information please visit www.nexstim.com

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...743c5938b9

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Pacira BioSciences Faces Shareholder Revolt in M&A Deal

Updated Category News Views 4

A New Storm Brews Over Pacira's Sale to Viatris They say where there's smoke, there's fire, and it looks like Pacira BioSciences, Inc. (NASDAQ: PCRX) is running right into a bonfire thanks to their upcoming sale to Viatris Inc. On the face of it, shareholders are looking at a tidy $36.50 in cash per share, but not everyone's buying the deal as fair. Enter lawman Juan...

Continue Reading
LEGO Mashes Star Wars and Marvel for Fans' Delight

Updated Category News Views 22

A New Chapter in LEGO's Story Well, well, what do we have here? LEGO's throwing down the gauntlet. For the first time, they're asking fans to merge two colossal universes: Star Wars and Marvel. Talk about a brains-and-bricks bonanza! Announced at New York Comic Con with some star power from Kevin Smith, this LEGO Ideas challenge opens doors for fan creativity that might...

Continue Reading
Duolingo Faces Lawsuit Over Alleged Investor Missteps

Updated Category News Views 28

Fasten your seatbelts, folks. We're diving into a legal tussle that could shake things up for Duolingo, Inc. (NASDAQ: DUOL). Investors who plunged into Duolingo shares between May 2, 2025, and February 26, 2026, might be feeling the heat now. They ought to brace for a class-action lawsuit frenzy with fingers pointed at Duolingo for allegedly pulling wool over investors'...

Continue Reading
Phase I of 2026 Hong Kong Trade Shows Highlights Innovation

Updated Category News Views 20

Hong Kong Takes Center Stage in Global Commerce Flip through the economic landscape today, and you’ll spot Hong Kong, decked out in its best as a trade linchpin—with over 2,100 suppliers gathered under one roof. AsiaWorld-Expo is buzzing with the commencement of Phase I of the October 2026 Global Sources Hong Kong Shows. The theme's all about 'Connecting Global...

Continue Reading
Celltrion Unveils New Data on Infliximab: ACG 2026 Insight

Updated Category News Views 21

First Impressions: Celltrion's Latest Revelation Alright, let's jump straight into it. Celltrion USA is flaunting its latest findings on ZYMFENTRA® (infliximab-dyyb) for Crohn's disease and ulcerative colitis right at the American College of Gastroenterology's (ACG) grand event in 2026. If you've been watching the healthcare sector, this is significant news. It's got all...

Continue Reading
AI Drives Major Time Savings in Endoscopy Tech

Updated Category News Views 24

AI in Endoscopy: Game-Changer or Gimmick? Stumbling across AnX Robotica's latest pitch about their NaviCam ProScan AI workflow, one can't help but feel a mix of curiosity and skepticism. With the stakes in medical tech sky-high, they've fired off some impressive stats that grab attention. We're talking about cutting small-bowel capsule review times by a whopping...

Continue Reading
2026 Community Impact Week: Slam Dunk for Community Unity

Updated Category News Views 16

Alright, if you're looking for a story that gives you those warm fuzzy feelings while wrapping you in a big sports hug, here it is. Imagine this: you've got basketball legends, world-class athletes, and a corporate heavyweight, all huddling up to make a community impact that's more than just warm air. Hoops, Hope, and High Fives The NBA Cares x Sands Cares Community...

Continue Reading
Sebela Pharma's Tegoprazan Posts Strong Phase 3 Data

Updated Category News Views 16

Spotlight on Tegoprazan: A New Player on the GERD Field Sometimes, a pharma company turns heads with data that speaks for itself. This time, Sebela Pharmaceuticals is doing just that with Tegoprazan's phase 3 results, shining a light on an area overlooked for too long: non-erosive reflux disease (NERD). Showing promise in its latest trials, Tegoprazan is muscling into the...

Continue Reading
NARUTO Card Game Set for June 2027 Global Launch

Updated Category News Views 22

Mark Your Calendars: Global Launch June 2027 They're rolling out a red carpet for nostalgia here, I tell ya! At the New York Comic Con, BANDAI announced a worldwide launch for the NARUTO CARD GAME in June 2027. We'll see pre-built decks starring your favorite shinobi and a mad sprint to collect with the new booster packs. Feels sort of like they’re summoning a jutsu...

Continue Reading
Southern Company Sparks Swift Power Restoration Post-Isaias

Updated Category News Views 27

Well, when Mother Nature decides to throw a tantrum, it takes seasoned hands and savvy tech to clean up the mess. That's exactly what Southern Company is doing after Hurricane Isaias wreaked havoc on the Southeast. With their electric utilities—Alabama Power, Georgia Power, and Mississippi Power—hitting the ground running, they've already restored power to a whopping...

Continue Reading

Top 5 Most Recently Viewed Articles

Transforming the Lone Tree Plant: A New Era for i-80 Gold

Updated Category News Views 110

Exciting Developments at i-80 Gold's Lone Tree Plant i-80 Gold Corp. is thrilled to announce a pivotal advancement in its growth journey with the refurbishment of the Lone Tree Plant. This project is crucial for the company as it embarks on phase one of its comprehensive development strategy. The Lone Tree Plant, located in Northern Nevada, will play an essential role in...

Continue Reading
Luxury Residences at Blue Mountain Village Set to Debut Soon

Updated Category News Views 235

Freed Hotels & Resorts Introduces an Exquisite Development Freed Hotels & Resorts is embarking on a new adventure by bringing luxurious living to Blue Mountain Village with their recent project, the Residences at Blue Mountain, elegantly furnished by RH. This new development is poised to change the landscape of high-end accommodation in this beautiful area. Overview of...

Continue Reading
Prestone & Adam’s Unite to Aid Veteran Mental Health

Updated Category News Views 10

An Unexpected Collaboration with a Cause Living life in the fast lane isn't all about horsepower and shiny rims. Turns out the automotive world has a heart, and it's revving up to lend a hand where it counts. Prestone and Adam's Polishes have cemented a partnership with Advance Auto Parts, aiming to steer some serious support towards Stop Soldier Suicide—an organization...

Continue Reading
Innovative AI Cooling Solutions Unveiled at Yotta 2025 Event

Updated Category News Views 181

Revolutionizing AI Data Center Cooling Technology at Yotta 2025 As demand for AI-driven solutions skyrockets, efficient cooling systems have become vital in maintaining performance and sustainability in data centers. At Yotta 2025, the collaboration between Compal, a leader in high-performance AI server platforms, and ZutaCore, an innovator in waterless direct-to-chip...

Continue Reading
French Bulldog Tops Popularity Charts in Dog Breeding Rankings

Updated Category News Views 572

French Bulldog Maintains Popularity in Rankings The French Bulldog continues to capture the hearts of dog lovers, maintaining its status as the most popular breed in West Palm Beach, based on the American Kennel Club's (AKC) recent rankings. This beloved breed has topped the charts since 2016, consistently proving its charm and appeal. Top Breeds in West Palm Beach for...

Continue Reading