|
|
Number of Warrants |
|
Weighted Average |
|
||||||
|
|
Ordinary shares |
|
ADS |
|
Ordinary shares |
|
ADS |
|
||
Outstanding as of January 1, 2017 |
|
23,729,865 |
|
1,219,246 |
|
£ |
0.278 |
|
$ |
8.03 |
|
Expired (1) |
|
(416,645 |
) |
— |
|
$ |
0.56 |
|
— |
|
|
Granted |
|
— |
|
133,452 |
|
— |
|
$ |
8.51 |
|
|
Exercised |
|
(640,353 |
) |
(16,344 |
) |
£ |
0.322 |
|
$ |
8.03 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Outstanding as of December 31, 2017 |
|
22,672,867 |
|
1,336,354 |
|
£ |
0.272 |
|
$ |
8.08 |
|
|
|
|
|
|
|
|
|
|
|
|
|
(1) |
The ordinary warrants that expired in December 2017 had an exercise price denominated in US dollars. All other ordinary warrants have Pounds Sterling exercise prices. |