MILANO (AIMnews.it) - Zephyro announces that in July, 392,815 Warrants were exercised, with the subscription of 54,012 ordinary shares. The share capital is at 1,220,115.20 euros, with 9.970.323 shares. The related conversion shares were issued with effect from 1 August 2018. The share capital increased to 1,220,115.20 euros, with 9,970,323 shares. The exercise ratio of the 'Zephyro S.p.A. Warrants' for the month of August is equal to 0.1504, considering the average monthly price of July equal to Euro 10.2227 (source Bloomberg) and the strike price equal to Euro 8.70.