Tonner Drones: CEO Increases Stake Before Warrant Expiry
Tonner Drones' CEO, Diede van den Ouden, will exercise 7,414,988 share warrants to acquire 3,707,494 shares at a price of 0.029 euros, according to a statement released this Sunday. The expiry of the BSA 2025-1 is set for January 9, 2026.
Complete Exercise of Warrants
Van den Ouden, already the main shareholder of the company with a stake exceeding 12%, will exercise all of his 7,414,988 BSA 2025-1, the group indicates. These warrants were issued in October 2025 as part of a capital increase. The exercise of these warrants will allow the CEO to acquire an additional 3,707,494 shares at a unit price of 0.029 euro. This operation will increase his stake in the company listed on Euronext Growth Paris.
Deadline for Warrant Exercise
Tonner Drones informs its shareholders that the deadline for exercising the TDBS1 is set for January 9, 2026, the statement specifies. The last trading day for these warrants will also occur on January 9. The company advises investors to consult their broker to determine the ultimate date on which the warrants can still be purchased and exercised. These warrants had been allocated to participants of the capital increase completed in October 2025.
Strategic Asset Management
In a statement reported by the release, the CEO discusses the sale of a 1.25 million euro stake in Donecle, a company in which Tonner Drones held shares. According to the executive, this transaction demonstrates the appeal of the company's historical assets in the drone sector. Tonner Drones also holds stakes in other French drone manufacturers, including Diodon and Elistair. The group specifies that its strategy consists of increasing the value of its holdings through active asset management.
