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2016-10-31

Nexstim Oyj: The conversion of the convertible loan between Nexstim Plc and Bracknor

Company announcement, Helsinki, 31 October 2016 at 3.30 pm

Nexstim Plc (NXTMH:HEX, NXTMS:STO) ("Nexstim
" or the "Company
"), a medical technology company with a pioneering navigated non-invasive
brain stimulation system, announces that, pursuant to the authorisations
received from the Company's Extraordinary General Meeting on 18 August 2016
and the financing arrangement entered into with Bracknor Investment which was
announced on 21 July 2016, the Board of Directors of the Company has today
approved the request from Bracknor to convert €75,000 worth of the
convertible loan into shares with the subscription price of €0.234515. The
Company has decided to transfer 319,808 treasury shares to Bracknor. After
the transfer the Company will have 978,405 treasury shares.

NEXSTIM PLC

Martin Jamieson, Chairman and CEO

For further information, please visit
www.nexstim.comor contact:

Nexstim
+44 771 516 3942

Martin Jamieson, Chairman and CEO
martin.jamieson@nexstim.com

UB Securities Ltd (Certified Adviser)
+358 (0)9 2538 0246

Consilium Strategic Communications
+44 (0)20 3709 5700

Mary-Jane Elliott / Ivar Milligan / Laura Thornton
nexstim@consilium-comms.com

About Nexstim Plc

Nexstim is a medical technology company which has pioneered its technology in
brain diagnostics with the Navigated Brain Stimulation (NBS) system as the
first and only FDA-cleared and CE-marked navigated Transcranial Magnetic
Stimulation (nTMS) system for pre-surgical mapping of the motor and speech
cortices. Based on the same technology platform, the company has developed a
system called Navigated Brain Therapy (NBT®) which is CE-marked for chronic
neuropathic pain, major depression and stroke therapy. Nexstim's shares are
listed on Nasdaq First North Finland and Nasdaq First North Sweden. For more
information please visitwww.nexstim.com

Nexstim Plc
http://hugin.info/138152/R/2052928/768375.pdf

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This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Nexstim Oyj via Globenewswire

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