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Share Capital and Share Premium (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure Of Classes Of Share Capital [Abstract]  
Summary of Share Capital and Share Premium

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

(in thousands)

 

 

 

£

 

 

£

 

 

£

 

Share capital

 

 

1,272

 

 

 

663

 

 

 

659

 

Share premium

 

 

79,236

 

 

 

42,770

 

 

 

42,574

 

 

 

 

80,508

 

 

 

43,433

 

 

 

43,233

 

 

 

 

Number

 

 

Number

 

 

Number

 

 

 

(in thousands)

 

Issued share capital comprises:

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary shares of £0.04 each (2016 and 2015: £0.01

   each)

 

 

31,811

 

 

 

6,239

 

 

 

6,156

 

Founder ordinary 1 shares of £0.01 each

 

 

 

 

 

1,000

 

 

 

1,000

 

Founder ordinary 2 shares of £0.01 each

 

 

 

 

 

1,000

 

 

 

1,000

 

Series A shares of £0.01 each

 

 

 

 

 

7,483

 

 

 

7,483

 

Series B shares of £0.001 each

 

 

 

 

 

8,463

 

 

 

8,463

 

 

 

 

31,811

 

 

 

24,185

 

 

 

24,102

 

 

Summary of Movement in the Share Capital

11. Share capital and share premium (continued)

 

 

 

Number

of shares

 

 

Share

capital

 

 

Share

premium

 

 

 

(in thousands)

 

 

 

 

 

 

 

£

 

 

£

 

Fully paid shares:

 

 

 

 

 

 

 

 

 

 

 

 

Balance at January 1, 2015 and December 31, 2015

 

 

24,102

 

 

 

659

 

 

 

42,574

 

Issue of shares on exercise of options

 

 

83

 

 

 

4

 

 

 

196

 

Balance at December 31, 2016

 

 

24,185

 

 

 

663

 

 

 

42,770

 

Reduction in share premium account

 

 

 

 

 

 

 

 

(42,466

)

Exercise of share options

 

 

30

 

 

 

1

 

 

 

119

 

Bonus issue to series B

 

 

 

 

 

304

 

 

 

(304

)

Issue of share capital

 

 

7,596

 

 

 

304

 

 

 

79,530

 

IPO costs

 

 

 

 

 

 

 

 

(413

)

Balance at December 31, 2017

 

 

31,811

 

 

 

1,272

 

 

 

79,236