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Share-based payment (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure Of Share Based Payment [Abstract]  
Schedule of Share-based Payment

Details of these costs and the characteristics of the different stock awards programs and other share-based payments are described in the following table:

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Awards at the

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Awards granted

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Awards

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Awards

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Awards at

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Charged to net profit/loss

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beginning

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in the year

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forfeited

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exercised

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year end

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2022

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2021

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2020

Year of issuance

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No. of Shares

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Amounts in US$ '000

2022

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—

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191,400

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—

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—

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191,400

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619

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—

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—

2020

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414,065

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—

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(8,146)

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—

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405,919

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1,691

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862

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1,274

Subtotal

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414,065

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191,400

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(8,146)

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—

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597,319

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2,310

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862

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1,274

Shares granted to Non-Executive Directors

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—

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75,636

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—

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(75,636)

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—

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1,041

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861

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665

Shares granted to Executive Directors (a)

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170,330

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257,665

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—

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(52,058)

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375,937

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3,560

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800

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800

VCP (b)

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—

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—

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—

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—

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—

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2,016

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4,098

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5,705

LTIP for executives

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—

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571,984

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—

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—

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571,984

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2,111

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—

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—

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584,395

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1,096,685

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(8,146)

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(127,694)

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1,545,240

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11,038

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6,621

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8,444

(a)Includes compensation agreements from CEO transition.
(b)During 2019, the Group approved a plan named Value Creation Plan (“VCP”) oriented to key management. As of December 31, 2021, the performance metrics were not achieved to execute this program and is not currently in place.

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