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Share-Based Payment Arrangements (Tables)
6 Months Ended
Dec. 31, 2023
Disclosure of share-based payment arrangements [Abstract]  
Number and weighted average exercise price of share options
The number, weighted-average exercise price, weighted average share price at exercise date and average contractual life of the share options under the above arrangements were as follows:
CSOPJSOPLTIPEIPSAYESS
Options outstanding at July 1, 20235,845 6,965 29,012 904,825 345,845 1,465,971 
Options granted during the period— — — 1,386,725 — 1,666,357 
Options exercised during the period— — (125)(383,158)(79,353)— 
Options forfeited during the period— — — (13,059)(12,896)(120,596)
Options outstanding at December 31, 20235,845 6,965 28,887 1,895,333 253,596 3,011,732 
Weighted average exercise price December 31, 2023 - £0.90— — — 39.4349.30 
Weighted average share price at exercise date during six month period ending December, 31, 2023 - £— — 50.28 39.76 52.55— 
Weighted average contractual life December 31, 2023 - years1132306
Summary of valuation inputs
Options granted in the period have been valued using a Black Scholes option pricing model using the following inputs.
2023
SS
2022
SS
Exercise price
£36.81- £38.75
£54.52 
Risk-free rate4.49 %4.23 %
Expected volatility50.14 %50.36 %
Expected dividends— — 
Fair value of option
£32.85- £33.49
£35.68