Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Share-based payments (Tables)

v3.23.1
Share-based payments (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangements [Abstract]  
Summary of input parameters discount for lack of marketability
Since the Part B fees include a lock-up mechanism, a discount for lack of marketability (“DLOM”) of 11.5% (December 31, 2021: 9.4%) has been applied using the following main input parameters:
Input parameters (DLOM) March 17, 2022 December 31, 2021
Expected life 0.5 years 0.5 years
Expected volatility (in %) 72.5  58.6 
Expected dividend yield (in %) 0.0 0.0
Summary of number and weighted average exercise prices of share options Set out below are summaries of Grant Options and Performance Options granted under the plan:
For the year ended December 31, 2022
Average exercise price per share option (in €) Number of grant options Number of performance options
As at January 1 —  —  — 
Granted during the period 0.12  1,329,213  1,329,213 
Exercised during the period —  —  — 
Forfeited during the period —  —  — 
As at December 31 0.12  1,329,213  1,329,213 
Vested and exercisable at December 31 —  —  — 
Summary of range of exercise prices of outstanding share options
Share options outstanding at the end of the reporting period have the following expiry dates and exercise prices:

Grant date Expiry date Exercise price (in €) Share options
December 31, 2022
May 14, 2022 Sep 17, 2033 0.12 1,329,213
May 14, 2022 Mar 16, 2032 0.12 1,329,213
Total 2,658,426