Investor relations

Warrants / Options


On 31 October 2017 the outstanding stock option / warrant plans were as follows:

Issue

Number of warrants issued

(after adjustment for capital increase of 13 May 2015)

Number of warrants not yet exercised

(adjustment for capital increase of 13 May 2015)

Exercise price Exercise period
Dec 2006 357.992 357.993 EUR 8,09 01/Jan/10 - 21/Dec/17
May 2007 51.909 51.909 EUR 8,77 01/Jan/11 - 01/May/18
Dec 2007 465.390 465.390 EUR 8,20 01/Jan/11 - 02/Dec/18
Dec 2011 490.467 54.890  EUR 3,38 01/Jan/15 - 21/Dec/17
Dec 2012 359.067 108.540 EUR 4,15 01/Jan/16 - 19/Dec/18
April 2014 358.112 358.112 EUR 5,64 01/Jan/18 - 28/Apr/20
Jun 2015 304.000 304.000 EUR 4,31 01/Jan/19 - 22/Jun/21 
April 2016 317.500 317.500 EUR 5,73 01/Jan/20 - 29/Apr/25
Jun 2017 410.000 410.000 EUR 7,00 29/Jun/20 - 29/Jun/24
Total   2.428.334    

 


The following table provides a summary of the potential total dilution effect after exercise of warrants. 

Situation as per 31 October 2017 Number % actual % fully diluted
Ordinary shares (non-diluted) 54.705.882 100,0% 95,75%
Outstanding non-excercised warrants 2.428.334 - 4,25%
Total shares (fully diluted) 57.134.216 - 100,0%