The Company informs that the terms and conditions of the outstanding options (warrants) to subscribe common shares of the Company have been modified as a consequence of the payment of the cash dividend, which the Company will make on May 5, 2023.
The following are the terms that have been modified:
Number of shares to be issued per warrant:
– Ratio prior to the cash dividend: 1.0442;
– Ratio resulting after the cash dividend (effective): 1.1719
Exercise price per future share to be issued:
– Price prior to cash dividend: USD 0.414.
– Price in effect after the cash dividend: USD 0.3689
All other terms and conditions of the warrants remain unchanged.