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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:

Awards at the

Awards granted

Awards

Awards

Awards at

Charged to net profit/loss

beginning

in the year

forfeited

exercised

year end

2022

2021

2020

Year of issuance

No. of Shares

Amounts in US$ '000

2022

191,400

191,400

619

2020

414,065

(8,146)

405,919

1,691

862

1,274

Subtotal

414,065

191,400

(8,146)

597,319

2,310

862

1,274

Shares granted to Non-Executive Directors

75,636

(75,636)

1,041

861

665

Shares granted to Executive Directors (a)

170,330

257,665

(52,058)

375,937

3,560

800

800

VCP (b)

2,016

4,098

5,705

LTIP for executives

571,984

571,984

2,111

584,395

1,096,685

(8,146)

(127,694)

1,545,240

11,038

6,621

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.