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2016-09-12

Nexstim Oyj: Nexstim Plc's Co-operation negotiations concluded

Company announcement, Helsinki, 12 September 2016 at 12:00 pm

Nexstim Plc (NXTMH:HEX, NXTMS:STO), a medical technology company with a
pioneering navigated non-invasive brain stimulation system, announces that it
has concluded the co-operation negotiations which started 22 August 2016 with
its personnel representatives. As a conclusion, a maximum of 2 employment
agreements will be terminated and the maximum of 2 people will be permanently
laid off and one person will be working part time in the future.
The negotiations concerned the whole personnel in Finland and are now
concluded.

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/2041270/761640.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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