Treatment of Share Options and Warrants
At the effective time of the merger, each outstanding and unexercised option or warrant to purchase the Company’s Shares or ADSs will be cancelled and converted into the right to receive, as soon as practicable (and in no event no more than five business days) after the effective time of the merger, a cash amount equal to the number of Shares underlying such option or warrant immediately prior to the effective time of the merger multiplied by the amount by which $1.5714 exceeds the exercise price per Share of such option or warrant.