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Equity-settled share-based payments (Tables)
12 Months Ended
Dec. 31, 2020
Share-Based Payment Arrangements [Abstract]  
Schedule 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:

202020192018
 Average
exercise
price per
share
Options
(thousands)
Average
exercise
price per 
Share
Options
(thousands)
Average
exercise
price per 
Share
Options
(thousands)
At January 16.66 1,634 6.66 1,634 6.66 1,634 
Exercised— — — — — — 
At December 316.66 1,634 6.66 1,634 6.66 1,634 
 
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):202020192018
May 1, 20245.83 496 496 496 
May 1, 20255.83 452 452 452 
January 1, 20265.83 142 142 142 
February 16, 20267.11 103 103 103 
October 1, 20268.62 441 441 441 
 
(i) On May 2014, the Board of directors decided to extend the expired date of the Plan.
Schedule of Indirect Measurement of Fair Value of Goods or Services Received
Key grant-date fair value and other assumptions under the Restricted Share Plan are detailed below:
Grant DateApr 1,
2018
May 15,
2018
Apr 1,
2019
May 15,
2019
Apr 1,
2020
May 12,
2020
Fair value8.43 9.10 7.00 7.20 5.65 7.45 
Possibility of ceasing employment before vesting— %— %— %— %— %— %
Schedule of Other Equity Instruments
Movements in the number of restricted shares outstanding under the Restricted Share Plan are as follows: 

 Restricted shares (thousand)Restricted stock units (thousands)
 20202019202020192018
At January 1750 — 508 976 969 
Granted (1)751 753 — 20 530 
Forfeited(24)(3)(10)(12)(25)
Vested(255)— (324)(476)(498)
At December 311,222 750 174 508 976 
 
(1) Approved by the Board of Directors of March 10, 2020 and the Shareholders Meeting of April 15, 2020.