Nexstim Plc - Managers' Transactions

Company announcement, Helsinki, 4 November 2019 at 4:30 PM (EET)

Nexstim Plc (NXTMH:HEX, NXTMS:STO) ("Nexstim" or "Company") announces:
Nexstim Plc - Managers' Transactions

Person subject to the notification requirement
Name: Gustaf Järnefelt
Position: Other senior manager
(X) Legal person
Issuer: Nexstim Oyj
LEI: 743700S7ZI0LNMHZ6Y27
Reference number: 743700S7ZI0LNMHZ6Y27_20191104121838_2

Transaction date: 2019-11-04
Instrument type: SHARE
ISIN: FI4000354162
Nature of the transaction: SUBSCRIPTION
Transaction details
(1): Volume: 25,606 Unit price: 0.115 EUR
Aggregated transactions
(1): Volume: 25,606 Volume weighted average price: 0.115 EUR


Further information is available on the website, or by contacting:

Martin Jamieson, Chairman and CEO
+44 771 516 3942
Sisu Partners Oy (Certified Adviser)
Jussi Majamaa
+ 358 40 842 4479


About Nexstim Plc

Nexstim is a Finnish, globally operating medical technology company. Our mission is to enable personalized and effective therapies and diagnostics for challenging brain diseases and disorders.

Nexstim has developed a world-leading non-invasive brain stimulation technology called SmartFocus®. It is a navigated transcranial magnetic stimulation (nTMS) technology with highly sophisticated 3D navigation providing accurate and personalized targeting of the TMS to the specific area of the brain.

SmartFocus® technology is used in Nexstim’s proprietary Navigated Brain Therapy (NBT®) system, which is FDA cleared for marketing and commercial distribution for the treatment of major depressive disorder (MDD) in the United States. In Europe, the NBT® system is CE marked for the treatment of major depression and chronic neuropathic pain.

In addition, Nexstim is commercializing its SmartFocus® based Navigated Brain Stimulation (NBS) system for diagnostic applications. The NBS system is the only FDA cleared and CE marked navigated TMS system for pre-surgical mapping of the speech and motor cortices of the brain. Nexstim shares are listed on the Nasdaq First North Growth Market Finland and Nasdaq First North Growth Market Sweden.