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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 April 18, 2016,
the Company received a notification from Mr. Zhu Yun, a Member of the Board of Directors
regarding his disposal of Company’s shares.
Mr. Zhu Yun is obliged to notify of the transaction due to the fact that he holds
the position of Member of the Board of Directors of the Company, pursuant to art.
160 section 1.1 of the Financial Instruments Trading Act.
Mr. Zhu Yun on April 18, 2016 disposed of 1,600,000 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. Zhu Yun disposed of the aforesaid 1,600,000 common bearer’s shares for the average
price of USD 0.83 for one share, i.e. for the total price of USD 1,328,000 as a result
of share exchange agreement regarding 800,000 shares in Milestone Scientific, Inc.
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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RB-W_ASO: Information on a transaction concluded by a member of the Board of Directors
