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Equity-settled share-based payments Equity-settled share-based payments (Tables)
12 Months Ended
Dec. 31, 2018
Share-Based Payment Arrangements [Abstract]  
Disclosure of number and weighted average exercise prices of share options
Movements in the number of equity-settled options outstanding and their related weighted average exercise prices under the Adecoagro/ IFH 2004 Stock Incentive Option Plan are as follows:
 
2018
 
2017
 
2016
 
Average
exercise
price per
share
 
Options
(thousands)
 
Average
exercise
price per 
Share
 
Options
(thousands)
 
Average
exercise
price per 
Share
 
Options
(thousands)
At January 1
6.66

 
1,634

 
6.66

 
1,641

 
6.67

 
1,696

Exercised

 

 
5.83

 
(7
)
 
6.96

 
(55
)
At December 31
6.66

 
1,634

 
6.66

 
1,634

 
6.66

 
1,641

 
Options outstanding at year end under this Plan have the following expiry date and exercise prices:
 
Exercise
price per share
 
Shares (in thousands)
Expiry date (i):
 
2018
 
2017
 
2016
May 1, 2024
5.83

 
496

 
496

 
495

May 1, 2025
5.83

 
452

 
452

 
452

January 1, 2026
5.83

 
142

 
142

 
150

February 16, 2026
7.11

 
103

 
103

 
103

October 1, 2026
8.62

 
441

 
441

 
441

 
(i) On May 2014, the Board of directors decided to extend the expired date of the Plan.
Movements in the number of equity-settled options outstanding and their related weighted average exercise prices under the Adecoagro/ IFH 2007/2008 Equity Incentive Plan are as follows:
 
 
2018
 
2017
 
2016
 
Average
exercise
price per
share
 
Options
(thousands)
 
Average
exercise
price per 
share
 
Options
(thousands)
 
Average
exercise
price per
share
 
Options
(thousands)
At January 1
13.31

 
851

 
13.07

 
1,658

 
13.07

 
1,701

Forfeited
13.27

 
(11
)
 
13.40

 
(4
)
 
12.98

 
(43
)
Expired
12.82

 
(103
)
 
12.82

 
(803
)
 

 

At December 31
13.37

 
737

 
13.31

 
851

 
13.07

 
1,658

 
Options outstanding at year-end under the Adecoagro/ IFH 2007/2008 Equity Incentive Plan have the following expiry date and exercise prices:
 
Exercise price per share
 
Shares (in thousands)
Expiry date:
 
2018
 
2017
 
2016
From Nov 13, 2017 to Aug 25, 2018
12.82

 

 
105

 
908

January 30, 2019
13.40

 
595

 
595

 
595

June 1, 2019
12.82

 
3

 
3

 
3

November 1, 2019
13.40

 
11

 
11

 
11

From Jan 30, 2020 to Sep 1, 2020
13.40

 
97

 
106

 
110

From Jan 30, 2020 to Sep 1, 2020
12.82

 
31

 
31

 
31


 
The following table shows the exercisable shares at year end under both the Adecoagro/ IFH 2004 Incentive Option Plan and the Adecoagro/ IFH 2007/ 2008 Equity Incentive Plan:
 
 
Exercisable shares
in thousands
2018
2,371

2017
2,485

2016
3,299

Disclosure of indirect measurement of fair value of goods or services received, other equity instruments granted during period
Key grant-date fair value and other assumptions under the Restricted Share Plan are detailed below:
Grant Date
Apr 1,
2016
 
May 15,
2016
 
Apr 1,
2017
 
May 15,
2017
 
Apr 1,
2018
 
May 15,
2018
Fair value
12.63

 
12.52

 
11.88

 
12.14

 
8.43

 
9.10

Possibility of ceasing employment before vesting
%
 
%
 
%
 
%
 
%
 
%
Disclosure of number and weighted average exercise prices of other equity instruments
Movements in the number of restricted shares outstanding under the Restricted Share Plan are as follows: 
 
Restricted
stock units
(thousands)
 
Restricted
stock units
(thousands)
 
Restricted
stock units
(thousands)
 
2018
 
2017
 
2016
At January 1
969

 
1,000

 
1,018

Granted (1)
530

 
488

 
464

Forfeited
(25
)
 
(29
)
 
(29
)
Vested
(498
)
 
(490
)
 
(453
)
At December 31
976

 
969

 
1,000

 
(1) Approved by the Board of Directors of March 13, 2018 and the Shareholders Meeting of April 18, 2018.