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Basic and Diluted Loss Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Basic and diluted loss per share

4. Basic and diluted loss per share

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

 

(in thousands, except per share data)

 

 

£

 

 

£

 

 

£

 

 

Loss for the year

 

 

(23,085

)

 

 

(6,049

)

 

 

(5,332

)

 

Basic and diluted weighted average number of shares

 

 

26,069

 

 

 

24,107

 

 

 

24,101

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

£

 

 

£

 

 

£

 

 

Basic and diluted loss per share

 

 

(0.89

)

 

 

(0.25

)

 

 

(0.22

)

 

 

Basic loss per share is calculated by dividing the loss for the year attributable to the equity holders of the Company by the weighted average number of shares outstanding during the year.

The dilutive effect of potential shares through equity settled transactions were considered to be anti-dilutive as they would have decreased the loss per share and were therefore excluded from the calculation of diluted loss per share.