XML 91 R66.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Equity-settled share-based payments (Tables)
12 Months Ended
Dec. 31, 2023
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:

202320222021
 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 1,321 6.66 1,634 6.66 1,634 
Exercised5.83 (37)6.77 (313)— — 
At December 316.66 1,284 6.66 1,321 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):202320222021
May 1, 20345.83 400 400 496 
May 1, 20355.83 363 369 452 
January 1, 20365.83 94 124 142 
February 16, 20367.11 84 84 103 
October 1, 20368.62 343 344 441 
 
(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,
2021
May 13,
2021
Apr 1,
2022
Apr 20,
2022
Mar 17,
2023
Apr 20,
2023
Fair value7.84 9.54 10.87 12.60 7.44 8.12 
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)
 2023202220212021
At January 12,301 1,766 1,222 174 
Granted (1)549 1,406 1,067 — 
Forfeited(26)(43)(32)— 
Vested(1,035)(828)(491)(174)
At December 311,789 2,301 1,766  
 
(1) Approved by the Board of Directors of March 7, 2023 and the Shareholders Meeting of April 19, 2023.