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Basic and Diluted Loss Per Share
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
Basic and diluted loss per share

4. Basic and diluted loss per share

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands, except per share data)

 

 

 

£

 

 

£

 

 

£

 

Loss for the year

 

 

(30,682

)

 

 

(21,412

)

 

 

(13,840

)

Basic and diluted weighted average number of shares

 

 

37,882

 

 

 

32,327

 

 

 

31,972

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

£

 

 

£

 

 

£

 

Basic and diluted loss per share

 

 

(0.81

)

 

 

(0.66

)

 

 

(0.43

)

 

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 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.