PMDS share price increase

MFN Publicerad: 23 Jan 11:28

During today's initial trading, the price of PMD Device Solutions AB's ("PMDS" or the "Company") shares increased significantly. The board of directors of PMDS is not aware of any business-specific reasons for this price increase and confirms that no inside information exists.

The Company's year-end report for 2023 is scheduled to be published on 29 February 2024.

For additional information, please contact:

Myles Murray, CEO

Phone: +353 86 887 4994

E-mail: [email protected]; for general enquiries [email protected]

The Company’s Certified Adviser is Redeye.

Information about PMDS

PMD Device Solutions AB develops and sells medical products for respiratory monitoring in both the
hospital and homecare setting. Its primary product is RespiraSense, a solution used for monitoring
respiratory rate to support the detection of patient deterioration early and to avoid preventable
respiratory failure and adverse patient outcomes. RespiraSense is, to the Company’s knowledge,
the world’s only continuous, motion-tolerant respiratory rate monitor delivering class-leading
reliability in measuring respiratory rate. RespiraSense is a novel technology that is commercialised
in Europe, the UK, and FDA cleared in the US. The company’s shares are listed on Nasdaq First
North Growth Market (STO: PMDS).

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