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. As of 31 December 2019, 420 options have been exercised and 18,960 warrants remain. The remaining warrants convey the right to subscribe for 948,000 shares.

Warrants TO 1

Outcome TO 1