XML 30 R19.htm IDEA: XBRL DOCUMENT v3.19.1
Warrants and Share-based Payment (Tables)
3 Months Ended
Mar. 31, 2019
Statement [LineItems]  
Summary of Warrant Compensation Cost

Warrant compensation costs are determined with basis in the grant date fair value of the warrants granted and recognized over the vesting period.

 

     Three months Ended
March 31,
 
     2019      2018  
     (EUR’000)  

Research and development costs

     4,934        2,386  

General and administrative expenses

     4,501        2,293  
  

 

 

    

 

 

 

Total warrant compensation costs

     9,435        4,679  
  

 

 

    

 

 

 
Warrants [member]  
Statement [LineItems]  
Summary of Warrant Activity

The following table specifies the warrant activity during the three months ended March 31, 2019:

 

     Total
Warrants
     Weighted
Average
Exercise
Price
EUR
 

Outstanding at January 1, 2019

     5,611,629        29.03  
  

 

 

    

 

 

 

Granted during the period

     54,500        62.05  

Exercised during the period

     —        —    

Forfeited during the period

     (15,352      40.07  

Expired during the period

     —        —  
  

 

 

    

 

 

 

Outstanding at March 31, 2019

     5,650,777        29.32  
  

 

 

    

 

 

 

Vested at the balance sheet date

     2,786,556        17.70