Hansa Medical’s warrant program TO2015 has opened for exercise and subscription of shares
The exercise period in the employee warrant program (TO2015) established in June 2015 opened today June 15, 2018 and is ongoing until June 15, 2019.The TO2015 warrant-based incentive program for Hansa Medical employees was implemented following a resolution at the 2015 Annual General Meeting in order to reward and incentivize Hansa Medical employees. The warrants were sold to the company’s employees for an estimated market value of the warrants using the Black & Scholes model. As of today, 205,000 out of 355,000 warrants have been exercised for subscription of shares at the subscription