XML 130 R114.htm IDEA: XBRL DOCUMENT v3.22.2

Share-based payments (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2022

Dec. 31, 2021

Share-based payments

Schedule of movements in the number of share options

12Share-based payments (continued)

The movements in the number of EMI share options during the period were as follows:

​	​	​	​	​
​		June 30,		December 31,
​	​	2022	​	2021
​	​	Number	​	Number
Outstanding, start of period		19,670		16,817
Granted during the period		—		3,147
Grant arising due to scheme modification		23,213,933		—
Forfeited during the period		(1,576,948)		(294)
Outstanding, end of period		21,656,655		19,670

23Share-based payments (continued)

The movements in the number of EMI share options during the year were as follows:

​	​	​	​	​
​		December 31,	​	December 31,
​	​	2021	​	2020
​	​	Number	​	Number
Outstanding, start of period		16,817	​	—
Granted during the period		3,147	​	16,817
Forfeited during the period	​	(294)	​	—
Outstanding, end of period		19,670	​	16,817

Schedule of movements in the weighted average exercise price of share options

The movements in the weighted average exercise price of share options during the period were as follows:

​	​	​	​	​
​		June 30,		December 31,
​	​	2022	​	2021
​	​	£	​	£
Outstanding, start of period		308.06		143.28
Granted during the period		—		1,178.94
Grant arising due to scheme modification		0.23		—
Forfeited during the period		0.83		204.00
Outstanding, end of period		0.19		308.06

The movements in the weighted average exercise price of share options during the year were as follows:

​	​	​	​	​
​		December 31,	​	December 31,
​	​	2021	​	2020
​	​	£	​	£
Outstanding, start of period		143.28	​	—
Granted during the period		1,178.94	​	143.28
Forfeited during the period	​	204.00	​	—
Outstanding, end of period		308.06	​	143.28

Schedule of share options outstanding

Details of share options outstanding at the end of the period are as follows:

​	​	​	​	​
​		June 30,		December 31,
​	​	2022	​	2021
Weighted average exercise price (£)		0.19		308.06
Number of share options outstanding		21,656,655		19,670
Expected weighted average remaining vesting period (years)		2.64		1.12

Details of share options outstanding at the end of the year are as follows:

​	​	​	​	​
​	​	31 December	​	31 December
​	​	2021	​	2020
Weighted average exercise price (£)		308.06	​	143.28
Number of share options outstanding		19,670	​	16,817
Expected weighted average remaining vesting period (years)		1.12	​	1.13

Schedule of fair value of options granted

The option pricing model used was Black Scholes and the main inputs are set out in the table below.

​	​	​	​	​
​		June 30,	​	December 31,
​	​	2022	​	2021
Average share price at date of grant (£)		5.38	​	492.42
Expected volatility (%)		50.00	​	50.00
Vesting period in years		2.75	​	4.00
Risk-free interest rate (%)		1.25	​	0.28

​

​	​	​	​	​
​		December 31,	​	December 31,
​	​	2021	​	2020
Average share price at date of grant (£)	​	492.42	​	40.36
Expected volatility (%)		50.00	​	50.00
Vesting period in years		4	​	1
Dividends	​	—	​	—
Option life in years		4.25	​	4.00
Risk-free interest rate (%)		0.28	​	(0.13)

X

- Definition

The disclosure of information about indirect, by reference to the fair value of the equity instruments granted, measurement of the fair value of goods or services received as consideration for the entity's share options.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2021-01-01
-Paragraph 47
-Subparagraph a
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_47_a&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfIndirectMeasurementOfFairValueOfGoodsOrServicesReceivedShareOptionsGrantedDuringPeriodExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average exercise prices of share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2021-01-01
-Paragraph 45
-Subparagraph b
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45_b&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageExercisePricesOfShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the number and weighted average remaining contractual life of outstanding share options. [Refer: Weighted average [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2021-01-01
-Paragraph 45
-Subparagraph d
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45_d&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfNumberAndWeightedAverageRemainingContractualLifeOfOutstandingShareOptionsExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementAbstract
Namespace Prefix:	ifrs-full_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The disclosure of the general terms and conditions of share-based payment arrangements. [Refer: Share-based payment arrangements [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 2
-IssueDate 2021-01-01
-Paragraph 45
-URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IFRS&num=2&code=ifrs-tx-2021-en-r&anchor=para_45&doctype=Standard
-URIDate 2021-03-24

+ Details

Name:	ifrs-full_DisclosureOfTermsAndConditionsOfSharebasedPaymentArrangementExplanatory
Namespace Prefix:	ifrs-full_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration