Econocom - 2019 Universal registration document

225 2019 annual report 06 consolidated financial statements notes to the consolidated financial statements Stock option plans 2013 Options 2014 Options (1) 2017 Options (2) Total Year granted 2013 2014 2015 2016 2017 Options outstanding at 31 ژ December 2018 250,000 1,784,000 357,500 95,000 90,000 2,576,500 Options granted during the period - - - - - - Options exercised during the period - (120,000) - - - (120,000) Options lapsed, forfeited or cancelled - (64,380) (700) (10,000) - (75,080) Options outstanding at 31 ژ December 2019 250,000 1,599,620 356,800 ژ 85,000 90,000 2,381,420 Rights granted in number of shares (comparable) at 31 ژ December 2018 500,000 3,568,000 715,000 190,000 90,000 5,063,000 Rights granted in number of shares (comparable) at 31 ژ December 2019 500,000 3,199,240 713,600 170,000 90,000 4,672,840 Option exercise price (in €) 5.96 5.52 7.70 11.48 6.04 - Share purchase price (in €) 2.98 2.76 3.85 5.85 6.04 - Average share price at the exercise date 5.52 - - - - Expiry date Dec. 2020 Dec. 2021 Dec. 2022 Dec. 2023 Dec. 2023 - In December ژ 2014, the Board of Directors approved a plan to issue 2,500,000 stock subscription rights. These (1) options were issued by the Compensation Committee in 2014 (2,075,000 options), 2015 (360,000 options) and 2016 (105,000 options). The formula adopted will allow Econocom Group to issue new shares upon exercise of these options. In May ژ 2017, the Board of Directors approved a plan to issue 2,000,000 stock subscription rights, 1,950,000 of (2) which were issued in December ژ 2017 by the Compensation Committee. These options will also give rise to the issue of new shares.