Share-based payments (Tables)
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9 Months Ended |
Sep. 30, 2023 |
Share-Based Payment Arrangements [Abstract] |
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Summary of Number and Weighted Average Exercise Prices of Share Options |
Set out below are summaries of MIP Grant Options and MIP Performance Options granted under the plan:
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2023 |
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2022 |
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Average exercise price per share option (in €) |
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Number of MIP Grant Options |
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Number of MIP performance options |
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Average exercise price per share option (in €) |
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Number of MIP Grant Options |
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Number of MIP Performance Options |
As at January 1 |
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0.12 |
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1,329,213 |
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1,329,213 |
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— |
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— |
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— |
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Granted during the period |
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— |
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— |
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— |
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0.12 |
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1,329,213 |
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1,329,213 |
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Exercised during the period |
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— |
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— |
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— |
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— |
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— |
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— |
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Forfeited during the period |
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— |
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— |
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— |
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— |
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— |
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— |
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As at September 30 |
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0.12 |
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1,329,213 |
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1,329,213 |
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0.12 |
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1,329,213 |
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1,329,213 |
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Vested and exercisable at September 30 |
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0.12 |
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1,329,213 |
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996,910 |
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— |
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— |
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— |
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Set out below is a summary of LTIP Performance Options granted under the plan:
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2023 |
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Average exercise price per LTIP Performance Option (in €) |
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Number of LTIP Performance Options |
As at January 1 |
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— |
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— |
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Granted during the period |
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0.12 |
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3,059,955 |
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Exercised during the period |
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— |
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— |
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Forfeited during the period |
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— |
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— |
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As at September 30 |
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0.12 |
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3,059,955 |
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Vested and exercisable at September 30 |
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— |
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— |
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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:
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Options |
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Grant date |
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Expiry date |
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Exercise price (in €) |
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Share options September 30, 2023 |
MIP Grant Options |
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May 14, 2022 |
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September 17, 2033 |
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0.12 |
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1,329,213 |
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MIP Performance Options |
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May 14, 2022 |
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May 13, 2032 |
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0.12 |
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996,910 |
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MIP Performance Options (modified) |
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May 14, 2022 |
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April 29, 2034 |
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0.12 |
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332,303 |
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Total |
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2,658,426
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LTIP Performance Options outstanding at the end of the reporting period have the following expiry dates and exercise prices:
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Options |
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Grant date |
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Vesting date |
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Expiry date |
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Exercise price (in €) |
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Number of options September 30, 2023 |
LTIP Performance Options (2022) |
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April 12, 2023 |
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April 12, 2025 |
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April 12, 2032 |
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0.12 |
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1,039,222 |
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LTIP Performance Options (2023) |
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January 1, 2023 |
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April 12, 2026 |
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April 12, 2033 |
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0.12 |
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2,020,733 |
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Disclosure of number and weighted average exercise prices of other equity instruments |
Set out below are summaries of the number of RSUs granted under the plan:
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2023 |
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Employees |
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Eligible directors |
As at January 1 |
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— |
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— |
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Granted during the period |
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189,201 |
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666,968 |
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Forfeited during the period |
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— |
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— |
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Vested and issued during the period |
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— |
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(666,968) |
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As at September 30 |
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189,201
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—
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Vested and exercisable at September 30 |
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— |
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— |
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