Issued 716,716 new ordinary shares upon stock option exercise
YOOX NET-A-PORTER GROUP S.p.A. (MTA: YNAP), the world’s leading online luxury fashion retailer, informs that today the Company has issued 716,716 ordinary shares following the exercise of 13,783 stock options, the details of which are described in the table below:
|Stock Option Plan||Exercise Prices for each Stock Option / (for each Share*)||Total number of Stock Options||Total number of Shares*|
|€ 59.17/ (€ 1.1379)||€ 106.5/ (€ 2.0481)|
|2006 – 2008||3,636||3,636||189,072|
|2007 – 2012||9,811||336||10,147||527,644|
*As a consequence of the stock split approved by the YOOX extraordinary Shareholder’s Meeting on 8 September 2009, each outstanding option entitles the holder to subscribe for 52 YOOX ordinary shares, at the exercise prices described in the table above.
As a result of the above, the new share capital of YNAP S.p.A. will amount to Euro 1,347,794.33 represented by 134,779,433 shares with no nominal value, of which 91,966,288 ordinary shares and 42,813,145 shares without voting rights (B Shares).