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Share-based compensation (Tables)
12 Months Ended
Jun. 30, 2024
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of inputs used in the measurement of the fair values at grant date of the equity-settled share-based payment plans

Black Scholes Model - Weighted Average Values

    

Tranche I

    

Tranche II

    

Tranche III

Weighted average fair value

$

25.42

$

22.93

$

20.68

Exercise price

$

5.79

$

8.68

$

11.58

Weighted average share price

$

31.00

$

31.00

$

31.00

Expected volatility

 

60

%

 

60

%

 

60

%

Expected life 

 

2.32

years

 

2.32

years

 

2.32

years

Risk free rate

 

0.0

%

 

0.0

%

 

0.0

%

Expected dividends   

 

 

 

    

Grant date

    

Grant date

 

Black Scholes Model - Weighted Average Values

November 8, 2023

December 15, 2023

 

Weighted average fair value

$

0.64

$

0.65

Exercise price

$

4.00

$

4.00

Weighted average share price

$

3.41

$

3.55

Expected volatility

 

45.83

%  

 

45.32

%

Expected life

 

1.65

years

 

1.55

years

Risk free rate

 

3.00

%  

 

2.37

%

Expected dividends

 

 

Summary of capital reserve related to stock options and restricted stock awards

Year ended June 30,

(in € thousands)

    

2023

    

2024

Classified within capital reserve (beginning of year)

 

128,628

 

158,453

Expense related to:

 

29,825

 

17,137

Share Options (Alignment Grant)

 

27,541

 

13,351

Restricted Shares

 

342

 

581

Restricted Share Units

 

1,914

 

2,292

Employee Share Purchase Program

28

18

Share Option (SO Award)

896

Classified within capital reserve (end of year)

 

158,453

 

175,591

Summary of number and weighted-average exercise prices of share options

Alignment award

Wtd. Average

Options

Exercise Price (USD)

June 30, 2022

    

6,407,675

    

8.36

forfeited

 

 

N/A

exercised

 

210,260

 

5.79

June 30, 2023

 

6,197,415

 

8.55

June 30, 2023

 

6,197,415

 

8.55

forfeited

 

134,325

 

7.84

exercised

 

 

N/A

June 30, 2024

 

6,063,090

 

8.57

Share Options under the Long-Term

Incentive Plan

Wtd. Average

Options

Exercise Price (USD)

June 30, 2023

    

    

forfeited

 

296,235

 

4.00

Granted

 

3,605,301

 

4.00

June 30, 2024

 

3,309,066

 

4.00

IPO Related One-Time Award Package  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of main features of one-time award package

Type of arrangement

    

Alignment Award

    

Restoration Award

Type of Award

 

Share Options

 

Phantom Shares

Date of first grant

 

January 20, 2021

January 20, 2021

Number granted

 

6,478,761

1,875,677

Vesting conditions

 

25% graded vesting of the granted share options in each of the next four years of service from grant date

The restoration awards are fully vested on the Grant Date.

Supervisory Board Award (Restricted Shares)  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of main features of one-time award package

Type of

    

    

    

    

    

    

    

arrangement

Supervisory Board Members plan

Type of Award

Restricted Shares / Restricted Share Units

Date of first grant

January 20, 2021

July 1, 2021

February 9, 2022

July 1, 2022

May 8, 2023

September 5, 2023

November 8, 2023

Number granted

 

15,384

 

7,393

 

22,880

 

11,467

67,264

11,478

 

149,147

Vesting conditions

 

The restricted shares vested in full on December 31, 2021.

 

The restricted shares vested in full on June 30, 2022.

 

The restricted shares vested in full on February 8, 2023.

 

The restricted shares vested in full on June 30, 2023

The restricted shares Units vested in full on May 8, 2024

The restricted shares Units are scheduled to vest in full on September 5, 2024

 

The restricted shares Units are scheduled to vest in full on November 8, 2024

Long-Term Incentive Plan  
Disclosure of terms and conditions of share-based payment arrangement [line items]  
Summary of main features of one-time award package

Type of

Key Management Members

arrangement

Long-Term Incentive Plan

Type of Award

    

Time-vesting RSUs

    

Non-market
performance RSUs

    

Time-vesting RSUs

    

Non-market
performance RSUs

    

Time-vesting RSUs

    

Non-market performance RSUs

    

Stock Options

    

Stock Options

Service commencement date

July 1, 2021

July 1, 2021

July 1, 2022

July 1, 2022

July 1, 2023

July 1, 2023

July 1, 2023

July 1, 2023

Grant date

July 1, 2021

July 1, 2021

July 1, 2022

July 1, 2022

November 8, 2023

November 8, 2023

November 8, 2023

December 15, 2023

Number granted

62,217

108,947

255,754

418,352

1,696,022

1,417,103

2,923,280

682,021

Vesting conditions

Graded vesting of 1/3 of the time vesting RSUs over the next three years.

3 year’s services from grant date and achievement of a certain level of cumulative gross profit.

Graded vesting of 1/3 of the time vesting RSUs over the next three years.

3 year’s services from grant date and achievement of a certain level of cumulative gross profit.

Graded vesting of 1/3 of the time vesting RSUs over the next three years.

3 year’s services from service commencement date and achievement of a certain level of cumulative GMV growth and adjusted EBITDA margin.

Graded vesting of 1/3 of the granted share options in each of the next three years of service from service commencement date

Graded vesting of 1/3 of the granted share options in each of the next three years of service from service commencement date