Interim report Vigmed Holding AB (publ) January – June 2016

Second quarter: 1 April – 30 June 2016

  · Sales for the second quarter amounted to SEK 0.7 (0.5) million.
  · Operating result in the second quarter amounted to SEK -8.4 (-8.7) million.
  · Cash flow from operating activities during the second quarter amounted to
SEK     -9.2 (-8.1) million.
  · On 30 June 2016 cash and cash equivalents amounted to SEK 44.1 (31.8)
million.

First six months: January - June 2016

  · Sales for the first six months amounted to SEK 2.8 (2.0) million.
  · Operating result for the first six months amounted to SEK -15.4 (-17.7)
million.
  · Cash flow from operating activities during the first six months amounted to
SEK 20.0 (-26.8) million.
  · On 30 June 2016 cash and cash equivalents amounted to SEK 44.1 (31.8)
million.

 Significant events during the second quarter

During the second quarter, Vigmed has continued to win smaller tenders and has
intensified the interaction with distributors in countries where procurement
procedures are expected to begin during next year.

Vigmed’s products have received the highest ranking in quality tests conducted
by independent parties in the procurement processes that have been under way in
the first six months of this year.

The company’s operating profit and cash flow are improving as a result of the
ongoing efforts in managing cost reduction and cost-control.

In April 2016 the Board of Vigmed Holding AB (publ) appointed Henrik Olsen as
CEO of the company. Since autumn 2015 he has served as acting CEO.

At the Annual General Meeting held on 12 May 2016 Sten Dahlborg was elected as
new Board member and Chairman of the company. Lennart Holm, Lennart Dreyer and
Per Knutsson declined re-election and left the Board. Furthermore, the General
Meeting authorised the Board to issue new shares. The number of shares to be
issued shall be a maximum of 7,305,555, which corresponds to a dilution of about
10 % of the registered share capital at the time for the utilisation of the
authorisation.

For further information contact:

Chairman of the Board Sten Dahlborg, +46 708-369 419

CEO Henrik Olsen, +46 763-497 364

This information is information that Vigmed Holding AB (publ) is obliged to
make public pursuant to the EU Market Abuse Regulation and the Securities
Markets Act. The information was submitted for publication, through the agency
of the contact persons set out above, at 8.00 am CET on August 25, 2016.

This is a translation of the Swedish version of the press release. When in
doubt, the Swedish wording prevails.
For further information contact:

Chairman of the board, Sten Dahlborg + 70 836 9419 or CEO, Henrik Olsen +46 76
349 7364
Vigmed is a Swedish medical technology company whose mission is to eliminate
needlestick injuries and the associated risk of cross infections with blood
-borne infectious diseases by offering the market unique needle-protected
products. Vigmed is headquartered in Helsingborg, Sweden. Vigmed’s share is
traded on NASDAQ OMX First North in Stockholm (ticker VIG) and has
approximately 5 600 shareholders. Remium Nordic AB is the Company’s Certified
Advisor. Additional information about the company can be found on Vigmed’s
website: www.vigmed.com/investor