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Pursuant to Article 160 section 4 of the Financial Instruments Trading Act, the Board
of Directors of Milestone Medical Inc. _the “Company"_ informs that on January 11,
2016, the Company received a notification from Mr. Leonard Osser, a Member of the
Board of Directors regarding his acquisition of Company’s shares.
Mr. Leonard Osser is obliged to notify of the transaction due to the fact that he
holds the position of Chief Executive Officer and Director of the Company, pursuant
to art. 160 section 1.1 of the Financial Instruments Trading Act.
Mr. Leonard Osser on January 5, 2016 acquired 250,000 common bearer’s shares of the
Company. The transaction took place outside New Connect Market _organized trading_.
The transaction was executed in New York.
Mr. Leonard Osser acquired the aforesaid 250,000 common bearer’s shares for the average
price of USD 0.45 for one share, i.e. for the total price of USD 112,500.
Legal basis: Art. 160 sec. 4 of the Financial Instruments Trading Act – information
on transactions effected by individuals having access to inside information
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