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Derivative financial liabilities (Tables)

12 Months Ended

Dec. 31, 2021

Derivative financial liabilities

Schedule of convertible senior secured notes

​

​	​	​
​		Mudrick
​	​	£ 000
As at January 1, 2020	​	—
As at December 31, 2020	​	—
Issuance of Convertible Senior Secured Notes	​	141,981
Fair value movements	​	(26,876)
Foreign exchange movements	​	(2,306)
As at December 31, 2021	​	112,799

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- References

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- Definition

The disclosure of debt instruments. [Refer: Debt instruments issued; Debt instruments held]

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