Warrants

Warrants TO 2015/2020

In September 2015, with the authorization of the Annual General Meeting, the Board decided to issue 22,832 subscription warrants (TO 2015/2020). These could be subscribed by all permanent employees and a limited circle of board members. Each warrant of TO 2015/2020 entitles the holder to subscribe for 50 new shares in the Company against cash payment at a subscription price of SEK 4.80 per share. The warrants can be exercised up to and including 31 December 2020. Upon full exercise of the warrants, the share capital will be increased by SEK 45,664, corresponding to a dilution of 3.6 per cent. A total of 19,380 options TO 2015/2020 have been subscribed for, of which 4,290 have been issued by the Company's Board members. As of December 31, 2018, 19,100 warrants remain, with 280 options exercised.

Warrants TO 1

Outcome TO 1