Investor relations
Outstanding warrants / subscription rights
On 30 September 2025 the outstanding Warrants / Subscription Rights were as follows:
| Issue |
Number of warrants / |
Number of warrants / |
Exercise price | Exercise period |
| April 2016 Closed |
317.500 | 0 | EUR 5,73 | 01/Jan/20 - 28/Apr/25 |
| June 2017 Closed |
410.000 | 0 | EUR 7,00 | 01/Jan/21 - 29/Jun/24 |
|
April 2018 |
460.000 | 0 | EUR 10,21 | 01/Jan/22 - 24/Apr/25 |
| June 2019 | 500.000 | 336.500 | EUR 7,90 | 01/Jan/23 - 27/Jun/26 |
| March 2020 | 505.000 | 420.000 | EUR 6,70 | 01/Jan/24 - 02/Mar/27 |
| May 2021 | 475.000 | 440.000 | EUR 12,44 | 01/Jan/25 - 11/May/28 |
| May 2022 |
320.000 |
290.000 | EUR 17,74 | 01/Jan/26 - 12/May/29 |
| June 2023 | 350.000 | 350.000 | EUR 10,80 | 01/Jan/27 - 29/Jun/30 |
| June 2024 | 492.500 | 402.500 | EUR 12,92 | 01/Jan/28 - 16/Jun/31 |
| June 2025 | 412.500 | 412.500 | EUR 10.74 | 01/Jan/29 - 15/Jun/32 |
| Total | 2.651.500 |
The following table provides a summary of the potential total dilution effect after exercise of warrants / subscription rights.
| Situation as per 30 September 2025 | Number | % actual | % fully diluted |
| Ordinary shares (non-diluted) | 56.726.920 | 100 | 95,53 |
| Outstanding non-excercised warrants/subscription rights | 2.651.500 | - | 4,47 |
| Total shares (fully diluted) | 59.378.420 | - | 100 |
