MILAN ( – The second and last exercise period of the “Warrant Expert System S.p.A 2016-2018” was completed between October 1st and October 31st, 2018. During the month, no Warrant was exercised. The 2,497,136 outstanding Warrants as of October 31st, which are not exercised within the Expiry Deadline, will lost any rights and they will become invalid for all purposes.