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One (1) warrant of serie TO 2 gives the holder the right to subscribe for one (1) new share. Subscribing for 50 000 SEK or more can be done at any time during 17 January 2018 - 28 November 2022. For smaller amounts options can be exercised duing 14 - 28 November each year.

One (1) warrant PARA TO 1 entitles the holder to subscribe for one (1) new share in the Company.

One (1) warrant of serie TO 3 gives the holder the right to subscribe for one (1) new share. Subscribing for 50 000 SEK or more can be done at any time during 4 July 2018 - 4 July 2023. For smaller amounts options can be exercised duing 20 June - 4 July each year.

Update (15.06.2020): The exercise period of warrants of the TO3 series commences on 20 June, 2020.

One (1) warrant of serie TO 4 gives the holder the right to subscribe for one (1) new share. Subscribing for 50 000 SEK or more can be done at any time during 23 August 2018 - 23 August 2023. For smaller amounts options can be exercised duing 9 - 23 August each year.

One (1) warrant of serie TO 5 gives the holder the right to subscribe for one (1) new share. Subscribing for 50 000 SEK or more can be done at any time during 23 August 2018 - 23 August 2023. For smaller amounts options can be exercised duing 9 - 23 August each year.

Two (2) subscription option gives the holder the right to subscribe for one (1) new share.

One (1) subscription option PARA TO7 entitles the owner to subscribe for one (1) new share. Exercise price is 70 % of the volume weighted average share price between 22 April - 7 May 2020. But not higher than 2 SEK and not lower than the nominal value.

Update (08.05.2020): The subscription price for each owned warrants corresponds to 70 percent of the volume-weighted average price during the period from April 22, 2020 to May 7, 2020. The average price during the measurement period was SEK 1.31, thus the subscription price is set at SEK 0.92. If all warrants of the TO7 series are exercised, 17,326,586 shares are issued and Parans is allocated approximately SEK 15.9 million before issue costs.

Read the full Parans Solar Lighting press release about this event