Share-based Incentive Schemes

Next Games has four share-based incentive schemes: Equity Plan 2014, Equity Plan 2015, Equity Plan 2017 and Equity Plan 2018.

Equity Plan 2014
Number of outstanding option rights as at 31 December 201832,433*
The number of shares each option right entitles to subscribe for4*
Exercise price, EUR0.01-1.97 per four shares*
Beginning of exercise periodCommenced
End of exercise period31 December 2019

* The Board of Directors has on 9 March 2017 resolved, in accordance with the terms and conditions of Equity Plan 2014, to adjust the number of shares the option rights entitle to subscribe for and the exercise price in accordance with the share split resolved by the Board of Directors 23 February 2017, and such option rights thus entitle to subscribe for 446,924 shares in the aggregate.

Equity Plan 2015
Number of outstanding option rights as at 31 December 2018156,189*
The number of shares each option right entitles to subscribe for4*
Exercise price, EUR2.66–5.10 per four shares *
Beginning of exercise periodCommenced
End of exercise period31 December 2021

* The Board of Directors has on 9 March 2017 resolved, in accordance with the terms and conditions of Equity Plan 2015, to adjust the number of shares the option rights entitle to subscribe for and the exercise price in accordance with the share split resolved by the Board of Directors 23 February 2017, and such option rights thus entitle to subscribe for 731,812 shares in the aggregate.

Equity Plan 2017
Number of outstanding option rights as at 31 December 2018307,369
The number of shares each option right entitles to subscribe for1
Exercise price, EUR1.14-7.90
Beginning of exercise periodCommenced
End of exercise period31 December 2023
Equity Plan 2018
The total number of option rights as at 31 December 2018355,500
The number of shares each option right entitles to subscribe for1
Exercise price, EUR1.14-6.17
Beginning of exercise periodCommenced
End of exercise period31 December 2023

More information about the share-based incentive schemes can be found from the Governance section on Next Games’ Annual Report 2018