Nexstim Plc announces that pursuant to the authorisation received from the Company's Annual General Meeting on March 31, 2022 and the restricted share unit reward plan approved by the Annual General Meeting on 26 March 2016, the Board of Directors of the Company has today resolved on issuing altogether 7,082 new shares without payment to members of the Board of Directors. Leena Niemistö will receive 1,867 shares, Martin Forss will receive 1,718 shares, Timo Hildén will receive 1,512 shares and Tero Weckroth will receive 1,985 shares based on the amount of the gross reward for the vesting period 2021-2022 determined by the Annual General Meeting on 11 May 2021.
The new shares are expected to be listed on or about 19 April 2022. After the issuance, the total number of shares in the Company will be 6,693,755.