Investor relations

Warrants / Options


On 04 November 2019 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
April 2014 358.112 93.913 EUR 5,64 01/Jan/18 - 28/Apr/20
June 2015 304.000 199.000 EUR 4,31 01/Jan/19 - 22/Jun/21 
April 2016 317.500 282.500 EUR 5,73 01/Jan/20 - 28/Apr/25
June 2017 410.000 360.000 EUR 7,00 01/Jan/21 - 29/Jun/24

April 2018

460.000 442.500 EUR 10,21 01/Jan/22 - 24/Apr/25
June 2019 500.000 492.500 EUR 7,90 01/Jan/23 - 27/Jun/26
Total   1.870.413    

*After correction for expired and/or cancelled warrant rights.
 

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

Situation as per 04 November 2019 Number % actual % fully diluted
Ordinary shares (non-diluted) 55.360.506 100,0% 96,73%
Outstanding non-excercised warrants 1.870.413 - 3,27%
Total shares (fully diluted) 57.230.919 - 100,0%