Earnings Per Share

6 Months Ended

Dec. 31, 2023

Disclosure of earnings per share [Abstract]

Basic earnings per share

Basic EPS is calculated by dividing the profit for the period attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the period.


	Six Months Ended December 31
	2023 £’000	2022 £’000
Profit for the year, attributable to equity holders of the Company	20,713	46,747


	Six Months Ended December 31
	2023	2022
Weighted average number of shares outstanding	58,101,072	56,962,777
Earnings per share - basic (£)	0.36	0.82

Diluted earnings per share

Diluted EPS is calculated by dividing the profit for the period attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the period plus the weighted average number of shares that would be issued if all dilutive potential ordinary shares were converted into ordinary shares. In accordance with IAS 33 ”Earnings Per Share”, the dilutive earnings per share are without reference to adjustments in respect of outstanding shares when the impact would be anti-dilutive.


	Six Months Ended December 31
	2023 £’000	2022 £’000
Profit for the year, attributable to equity holders of the Company	20,713	46,747


	Six Months Ended December 31
	2023	2022
Weighted average number of shares outstanding	58,101,072	56,962,777
Diluted by: options in issue and contingent shares	266,224	960,782
Weighted average number of shares outstanding (diluted)	58,367,296	57,923,559
Earnings per share - diluted (£)	0.35	0.81