ANNUAL FINANCIAL REPORT 2010 2010 - TiGenix

DateINCORPORATIONFebruary 21,2000TransactionIncorporation (1)Number and classof Shares issued85,800 Class A50,000 Class B14,200 Class CIssuance priceper Share (€)(incl. issuancepremium)Capitalincrease (€)Sharecapital aftertransactionAggregatenumberof Sharesafter capitalincrease€1.00 €150,000.00 €150,000.00 150,000PHASE I CAPITAL ROUNDMarch 13, 2000 Capital increase in cash (2) 364,200 Class A€1.00 €425,000.00 €575,000.00 575,00060,800 Class CMarch 22, 2001 Capital increase in cash (3) 150,000 Class A€1.25 €320,000.00 €895,000.00 895,00040,000 Class B100,000 Class C30,000 Class DPHASE II CAPITAL ROUND - EXERCISE OF WARRANTSSeptember 15,2003Capital increase in cash (4) 4,049,383 Class E €1.00 €4,049,383.00 €4,944,383.00 4,944,383September 15,2003September 15,2003Capital increase in kind (5)Conversion of 200,000 profitcertificates (incorporation of issuancepremiums) (6)290,896 Class A394,106 Class C175,000 Class B25,000 Class C€1.55 €685,002.00 €5,629,385.00 5,629,385€1.00 €200,000.00 €5,829,385.00 5,829,385September 30,Capital increase in cash (7) 1,518,519 Class E €1.00 €1,518,519.00 €7,347,904.00 7,347,9042003May 14, 2004 Capital increase in cash (8) 1,358,024 Class E €3.00 €1,358,024.00 €8,705,928.00 8,705,928April 20, 2005 Capital increase in cash (9) 452,680 Class E €3.00 €452,680.00 €9,158,608.00 9,158,608August 23,2005November 3,2005Capital increase in cash pursuantto the exercise of 3 “adjustment”warrants (10)11,762 Class A15,935 Class Cexercise price of€0.01 per warrantCapital increase in cash pursuant to 22,500 Class D exercise price ofthe exercise of 22,500 warrants (11) €1.25 per warrantPHASE III CAPITAL ROUND - EXERCISE OF WARRANTSNovember 3,Capital increase in cash (12)2005April 20, 2006October 31,2006114,285 Class A57,142 Class C4,374,282 Class ECapital increase in cash pursuant tothe exercise of 27,500 warrants (13) 27,500 Class D exercise price of€1.25 per warrantCapital increase in cash pursuant to 375,000 Class B exercise price ofthe exercise of 375,000 warrants (14) €1.00 per warrant€0.03 €9,158,608.03 9,186,305€22,432.50 €9,181,040.53 9,208,805€3.50 €4,532,071.91 €13,713,112.44 13,754,514€27,417,50 €13,740,529.94 13,782,014€375,000.00 €14,115,529.94 14,157,014PHASE IV CAPITAL ROUND - EXERCISE OF WARRANTSMarch 27, 2007 Capital increase in cash(15) 8,000,000 €5.00 €7,976,000.00 €22,091,529.94 22,157,014March 27, 2007Capital increase in cash1,200,000 exercise price of €1,196,400 €23,287,929.94 23,357,0141,200,000 over‐allotment warrants (16)pursuant to the exercise of€5.00 per warrantMarch 27, 2007 Capital increase in cash pursuantto the exercise of 494,065 existingshareholder warrants (17 )494,065 exercise priceof €0.01 and€0.001 per warrant€494.47 €23,288,424.41 23,851,079April 17, 2008October 13,2008April 23, 2009Capital increase in cash pursuant tothe exercise of 603,910 warrants (18)603,910 exercise price of€1.00 and €3.00 perwarrantCapital increase in cash pursuant tothe exercise of 109,500 warrants (19) 109,500 exercise price of€3.00 per warrantCapital increase in cash pursuant to6,790 exercise price ofthe exercise of 6,790 warrants (20) €3.00 per warrant€603,910 €23,892,334.41 24,454,989€109,500 €24,001,834.41 24,564,489€6,790 €24,008,624.41 24,571,279PHASE V CAPITAL ROUNDJune 26, 2009 Capital increase in cash (21) 1,080,000 €5.00 €1,058,400 €25,067,024.41 25,651,27978 • TiGenix • Rights Offering