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v3.22.1

Share capital and other reserves - Movements in reserves (Details) £ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 GBP (£)
Balance at the beginning | £ (938)
Cumulative translation differences | (85)
Issuance of warrants to American, Avolon and Virgin (note 21) | 111,611
Share acquisition | 50,740
Capital reorganization (note 7) | 74,265
Balance at the end | 61,561
Share premium. |
Balance at the beginning | 0
Issuance of warrants to American, Avolon and Virgin (note 21) | 103,053
Capital reorganization (note 7) | 74,265
PIPE investment | 71,036
Balance at the end | 248,354
Other reserves |
Balance at the beginning | 4,117
Issuance of Z-Shares to American (note 7) | 16,739
Debt to equity conversion of related party loan (note 27) | 9,000
Debt to equity conversion of Microsoft and Rocket loan | 25,000
Transfer of intergroup share capital | (15)
Cumulative translation differences | (85)
Issuance of warrants to American, Avolon and Virgin (note 21) | 8,558
Share acquisition | 50,724
Balance at the end | £ 63,314

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