Glimt Invest, linked to Observe Medical chairman, increases stake
Glimt Invest AS, a close associate of Observe Medical ASA's chairman of the board, Terje Bakken, has acquired 425,000 shares in Observe Medical ASA. This transaction, executed on October 14, 2025, involved multiple trades on the Oslo Stock Exchange. The 425,000 shares were purchased at an aggregated price of NOK 0.72. Individual transaction prices ranged from NOK 0.71 to NOK 0.78.
Following this acquisition, Glimt Invest AS now holds a total of 2,775,000 shares in Observe Medical ASA. This mandatory notification of trade adheres to disclosure requirements set forth by Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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