Reference is made to the stock exchange announcement by Lifecare AS (the
Company) August 6th, 2020 regarding the exercise of 325.826 share options with a
strike price of NOK 0,40 per share option, by Islay Venture GmbH - a company
controlled by the Company CSO Prof. Dr. Dr. med Andreas Pfützner. 

Based on authorization granted by the Company extraordinary general meeting July
30th, 2020, the Board of Directors of the Company has resolved to issue 325.826
new shares for an aggregated subscription price of NOK 130.330,40, corresponding
to a strike price of NOK 0,40 per share. Following the issuance of the new
shares, the Company will have 81.278.170 shares outstanding, each with a nominal
value of NOK 0,40. Total share capital of the Company will be NOK 32.511.268. 

Islay Venture GmbH has sold 50.000 shares at an average price of NOK 5,40,
whereafter Islay Venture GmbH hold a total of 853.951 shares in Lifecare AS

For more information, please contact:
Joacim Holter
CEO, Lifecare
joacim.holter@lifecare.no
+47 40 05 90 40