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v3.25.2

Share-based payments (Tables) | 6 Months Ended
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Jun. 30, 2025
Share-based payments |
Schedule of share-based payment transactions | ​
​ | ​ | ​ | ​ | ​
​ |  | June 30, 2025 |  | June 30, 2024
​ | ​ | £’000 | ​ | £’000
2021 Incentive plan |  | 1,548 |  | 4,351
Enterprise Management Initiative |  | 65 |  | 260
Non-Executive Director awards |  | 1,594 |  | 174
​ |  | 3,207 |  | 4,785
2021 Incentive Plan |
Share-based payments |
Schedule of movements in outstanding share options and weighted average exercise prices | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2025 |  | December 31, 2024
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
2021 Incentive Plan | ​ | ​ |  | exercise price |  | ​ |  | exercise price
​ | ​ | Number | ​ | (£) | ​ | Number | ​ | (£)
Outstanding, start of period | ​ | 1,171,210 | ​ | 0.91 | ​ | 998,598 | ​ | 1.20
Granted during the period | ​ | 2,252,530 | ​ | 0.09 | ​ | 397,803 | ​ | 0.40
Exercised during the period |  | (61,524) |  | — |  | (128,369) |  | —
Forfeited during the period |  | (79,816) |  | 1.27 |  | (96,822) |  | 2.97
Outstanding, end of period |  | 3,282,400 |  | 0.35 |  | 1,171,210 |  | 0.91
EMI Scheme |
Share-based payments |
Schedule of movements in outstanding share options and weighted average exercise prices | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2025 |  | December 31, 2024
​ | ​ | ​ | ​ | Average | ​ | ​ | ​ | Average
EMI Scheme | ​ | ​ |  | exercise price |  | ​ |  | exercise price
​ | ​ | Number | ​ | (£) | ​ | Number | ​ | (£)
Outstanding, start of period | ​ | 945,429 | ​ | 2.20 | ​ | 1,170,231 | ​ | 2.50
Granted during the period | ​ | — | ​ | — | ​ | — | ​ | —
Exercised during the period |  | (6,184) |  | 1.80 |  | — |  | —
Forfeited during the period |  | (42,621) |  | 11.00 |  | (224,802) |  | 3.80
Outstanding, end of period |  | 896,624 |  | 1.80 |  | 945,429 |  | 2.20

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